Indian Railways’ flagship Vande Bharat Express is running on full occupancy and authorities hope to recover the manufacturing cost in just 12 to 15 months, Times of India has reported.
The current earnings of the premium train stand at Rs 7 crore per month which is aided by the fact that all the available seats are being booked by passengers. As per Railways Board member Rajesh Agarwal, Indian Railways is confident of recovering the sunk manufacturing cost of Rs 100 crore in around a year, thanks to the high demand.
The revenue is also aided by the fact that no concession is allowed on the train and the fare bracket is marginally higher as compared to other premium trains. Agarwal also speculated that the semi-high speed train is also attracted passengers who earlier avoided travelling by trains.
Currently, the Vande Bharat Express connects New Delhi and Varanasi for five days per week. Integral Coach Factory (iCF) is already reported to have delivered the second Train-18 rake to the Indian Railways.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.