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"The minister is open to the idea of auctioning names of stations and even trains to corporates," an official said, according to The Economic Times.
The RITES study in consultation with the advertising industry said the railways could earn as much as Rs 780 crore a year by selling advertising space on 26 Rajdhanis 20 Shatabdis and 32 Duronto trains alone. "These trains combined offer advertisers 4 lakh captive eyeball contacts of passengers, plus 80 lakh casual eyeball contacts, in addition to premium branding rights," the report said.
A similar assessment has been given for 500 other superfast mail and express trains, 2,000 passenger trains, 100 local trains and 1 lakh wagons. The earning potential of different categories of rolling stock will vary. Premium trains such as the Rajdhanis and Shatabdis will attract a certain category of advertisers said ET.
These will differ in the case of ordinary, mail and freight trains.
The RITES has suggested branded train schemes, branded station schemes and freight wagons sponsorship.
RITES conducted its study in December at the direction of the railway minister, who was looking for innovative means of generating resources said ET. The RITES
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