Behind the Tracks: Indian Railways Doesn’t Own Vande Bharat, Rajdhani, or Shatabdi—The Real Owner Is...

Unknown Apr 02, 2026 400 Views

Although Indian Railways operates the Vande Bharat Express, Rajdhani, and Shatabdi premium trains, the Indian Railway Finance Corporation (IRFC) are the de facto owners. Established in 1986 as the financial arm of Indian Railways, IRFC finances the acquisition of locomotives, coaches, and wagons....

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