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VARIOUS ANALYSIS OF

INDIAN RAILWAY CATERING AND
TOURISM CORPORATION LTD

KANWALJIT KAUR GOSAL
REGN. NO. 12397027
SWOT ANALYSIS
STRENGTHS
 Subsidiary of Ministry of Railway
 Full back up by the Govt.
 Excellent Faith & Goodwill
 Largest e-commerce website
 Monopoly in Rail tour packages& Rail Ticketing

 Concession on booking of charters
 Presence at more than 1000 stations across the country
 Cheapest, yet best in Spiritual Tour Package Segment
 Unique products like Mahaparinirvana express, Bharat

darshan, Maharaja Express Trains
 LTC approved Packages
WEAKNESS











Lack of motivation in employees
Poor Promotional activities & public relations
Limitations indecision making process
Delayed decision making
Cannot handle load
Non existence of full fledge Marketing team
Non pro-active behavior of employees
Poor customer support services
Poor infrastructural facilities
Rate of transaction failure
OPPORTUNITIES









Buoyancy in the Tourism Sector.
Increase in Individual disposable income
Air Packages &Road Transport Packages
Booming Hotels &Resorts Industry
Bids for Contract(National &International)
Strategic Tie-ups for better &improved performance.
Outbound Tourism Segment
Tie-ups with leading institutions
&organizations for educational tours &other tours
at National &International platform.
 Booming Medical Tourism
THREATS
 Leading web portals like Make My Trip, Cox







&Kings, Clear trip ,Thomas cook, Yatra etc.
Economic Downturn
Terrorists Attacks& Naxalite Attacks
Withdrawal of parental support from the
Ministry of Railways, Govt. of India
Low fare Airlines
Private Small Tour operators
Increasing Inflation rate
GAP ANALYSIS
 A technique that businesses use to determine

what steps need to be taken in order to move
from its current state to its desired, future
state. Also called need-gap analysis, needs
analysis, and needs assessment.
GAP ANALYSIS
CURRENT POSITION

DESIRED POSITION

 No. of tickets that can be

 Required no. is nearly 7500

booked in a minute is 2000
 37 % of the total tickets are
booked online
 29% payment failures

tickets per minute
 It should be increased to
50% to increase income.
 Should be reduced to 510%
 Should be able to control
this large no.

 Heavy rush on Tatkal

tickets (especially on
Thursday morning)
 The no. of tie-ups with
hotels is not very high

 It should have more tie-ups

with hotels, organizations
and educational institutes.
PORTER’S FIVE FORCE MODEL
PORTER’S FIVE FORCE MODEL
 New tour operators are coming up with








packages.
Food joints giving delivery in trains
Low cost airlines
Lack of available tickets
Inflation
Competition by stayzilla.com, flipkart.com,
myntra.com etc
PEST ANALYSIS
PEST ANALYSIS
POLITICAL

ECONOMICAL

Government policies

Inflation rate

Ownership by government

Economic growth

Tariffs decided by government

Disposable income

SOCIAL
Population growth
Changes in income
Education
Reach of internet and banking
facility

TECHNOLOGICAL
Speed of internet
Rate of transaction failure
Upgradation of technology
McKINSEY’S 7 S MODEL
BALANCED SCORECARD
BALANCED SCORECARD
 VISION

To be a leading provider of high quality travel,
tourism and hospitability related services for
a range of customer segments, with
consistently high level of consumer
satisfaction.
VALUE CHAIN ANLYSIS
THANK YOU

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Analysis of IRCTC

  • 1. VARIOUS ANALYSIS OF INDIAN RAILWAY CATERING AND TOURISM CORPORATION LTD KANWALJIT KAUR GOSAL REGN. NO. 12397027
  • 3. STRENGTHS  Subsidiary of Ministry of Railway  Full back up by the Govt.  Excellent Faith & Goodwill  Largest e-commerce website  Monopoly in Rail tour packages& Rail Ticketing  Concession on booking of charters  Presence at more than 1000 stations across the country  Cheapest, yet best in Spiritual Tour Package Segment  Unique products like Mahaparinirvana express, Bharat darshan, Maharaja Express Trains  LTC approved Packages
  • 4. WEAKNESS           Lack of motivation in employees Poor Promotional activities & public relations Limitations indecision making process Delayed decision making Cannot handle load Non existence of full fledge Marketing team Non pro-active behavior of employees Poor customer support services Poor infrastructural facilities Rate of transaction failure
  • 5. OPPORTUNITIES         Buoyancy in the Tourism Sector. Increase in Individual disposable income Air Packages &Road Transport Packages Booming Hotels &Resorts Industry Bids for Contract(National &International) Strategic Tie-ups for better &improved performance. Outbound Tourism Segment Tie-ups with leading institutions &organizations for educational tours &other tours at National &International platform.  Booming Medical Tourism
  • 6. THREATS  Leading web portals like Make My Trip, Cox       &Kings, Clear trip ,Thomas cook, Yatra etc. Economic Downturn Terrorists Attacks& Naxalite Attacks Withdrawal of parental support from the Ministry of Railways, Govt. of India Low fare Airlines Private Small Tour operators Increasing Inflation rate
  • 7. GAP ANALYSIS  A technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state. Also called need-gap analysis, needs analysis, and needs assessment.
  • 9. CURRENT POSITION DESIRED POSITION  No. of tickets that can be  Required no. is nearly 7500 booked in a minute is 2000  37 % of the total tickets are booked online  29% payment failures tickets per minute  It should be increased to 50% to increase income.  Should be reduced to 510%  Should be able to control this large no.  Heavy rush on Tatkal tickets (especially on Thursday morning)  The no. of tie-ups with hotels is not very high  It should have more tie-ups with hotels, organizations and educational institutes.
  • 11. PORTER’S FIVE FORCE MODEL  New tour operators are coming up with      packages. Food joints giving delivery in trains Low cost airlines Lack of available tickets Inflation Competition by stayzilla.com, flipkart.com, myntra.com etc
  • 13. PEST ANALYSIS POLITICAL ECONOMICAL Government policies Inflation rate Ownership by government Economic growth Tariffs decided by government Disposable income SOCIAL Population growth Changes in income Education Reach of internet and banking facility TECHNOLOGICAL Speed of internet Rate of transaction failure Upgradation of technology
  • 16. BALANCED SCORECARD  VISION To be a leading provider of high quality travel, tourism and hospitability related services for a range of customer segments, with consistently high level of consumer satisfaction.