The premium Tejas Express trains running between Delhi-Lucknow and Ahmedabad-Mumbai have reported a significant financial loss of ₹62.88 crore, primarily due to low passenger occupancy. With around 200-250 seats remaining vacant daily, the viability of these privately operated trains has come under scrutiny.
Declining Demand and Competition from Other Trains
One of the primary reasons behind the losses is the preference of passengers for Rajdhani and Shatabdi Express trains. These government-operated services provide better facilities at more affordable fares, making them a more attractive option for travelers. While Tejas Express was introduced as a high-end alternative with modern amenities, its higher ticket prices have deterred passengers from choosing it over other well-established trains.
The declining occupancy rates have led to operational changes. Initially running six days a week, the frequency of both Tejas Express trains has now been reduced to just four days due to insufficient demand. This adjustment was made to optimize costs and minimize further financial setbacks.
Impact of COVID-19 on Revenue
The COVID-19 pandemic significantly worsened the situation for Tejas Express. With travel restrictions and safety concerns, passenger numbers plummeted, resulting in repeated suspensions of services. Even after restrictions were lifted, the demand failed to recover to pre-pandemic levels. Many travelers reverted to traditional options like Rajdhani and Shatabdi Express, leaving Tejas Express struggling to attract a steady customer base.
Financial Strain on Private Train Operations
Tejas Express, operated by the Indian Railway Catering and Tourism Corporation (IRCTC), was initially envisioned as a successful model for private train operations in India. However, its financial struggles indicate the challenges of sustaining such a venture. The ₹62.88 crore loss highlights the difficulties in balancing premium services with competitive pricing, especially in a market where cost-conscious travelers prefer more affordable options.
Railway experts suggest that unless significant changes are made in fare structures, operational efficiency, and passenger engagement strategies, Tejas Express may continue to suffer financial losses. Some have proposed the introduction of dynamic pricing models, additional value-added services, and improved marketing efforts to attract more travelers.
Future of Tejas Express
To revive passenger interest, authorities may need to reconsider the pricing strategy and explore potential partnerships to enhance the overall travel experience. Promotional discounts, bundled travel packages, and better integration with local transport networks could help in improving ridership. Additionally, ensuring punctuality, expanding route connectivity, and offering exclusive services might make Tejas Express a more appealing choice.
While Tejas Express was introduced with great expectations, its current financial struggles highlight the complexities of running a successful premium train service in India. Unless significant interventions are made, the future of these privately operated trains remains uncertain.
