Indian Railways Catering and Tourism Corp (IRCTC) has emerged as India’s biggest online marketplace, beating out competition from Flipkart, Amazon and the like. IRCTC generated a revenue of two hundred and six billion rupees ($3 billion) in their last financial year solely based on online sales; this number is almost double Filpkart’s yearly turnover.
IRCTC had an increase in their turnover as compared to the previous year by 34%, and this has probably been due to the fact that the website has taken steps in order to upgrade their otherwise slow interface this year. This resulted in a record of taking 1.34 million ticket reservations in one day.
“Bulk of the sales may be attributed to IRCTC’s rapid growth in e-ticketing which has been due to its interface and setting up of a very robust process,” said Sandip Dutta, IRCTC’s Public Relations Officer.
This speed has also been upgraded to book 7,200 tickets per minute as compared to the earlier 2,000 tickets per minute. With all these upgrades the battle between the three online e-commerce websites – Amazon, Flipkart and IRCTC, seems to have its final result. However, since IRCTC isn’t really in direct competition with either of the two; they have tied up with Amazon India for the next two years as its preferred shopping partner. More power to you Indian Railways.
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