Wednesday, April 14, 2010

Can the Railways sustain the growth?

Books of Account
Changing Tracks
V. Nilakant and S. Ramnarayan
(http://www.landmarkonthenet.com/)

Metrics of a monolith on the move

The success of Indian Railways in recent times can be traced to the right strategy, say V. Nilakant and S. Ramnarayan in Changing Tracks. “The strategy was to: (a) enhance freight volumes, (b) increase freight rates for selected commodities such as iron ore, and (c) focus on high-value, high-margin segments in freight and passenger traffic,” they elaborate.

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