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How To Open Shop At Indian Railways Platforms, Stations? Step-By-Step Process
The Indian Railways boasts an extensive network, with nearly every citizen traveling by train at some point. Millions of commuters use trains daily, creating a significant opportunity for business ventures. Setting up a shop at a major railway station can be highly profitable. If you're interested in having your own shop at a railway station, this article is for you. Shops at stations sell a variety of items, including food, books, newspapers, and locks.
More Than 7,000 Stations
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India has over 7,000 railway stations, with millions of passengers traveling every day. The sheer volume of passengers at these stations means even a small shop can cover household expenses. If you know how to make tea, coffee, or snacks, you can set up a small stall at a railway station to sell these items.
Approval Process
However, the Indian Railways does not grant shop permits to just anyone. There is a specific procedure to follow, and after selection, the board issues a license. The Indian Railway Catering and Tourism Corporation (IRCTC) handles the entire process.
Application Procedure
To open a shop at a railway station, you need to visit the official Indian Railways website. Navigate to the tender section and follow the outlined procedures. Fill in the required information and submit your application. It's important to comply with all the rules and regulations set by the railways.
Rent Determination
The rent for a shop at a railway station depends on its location, the number of trains passing through, and how busy the platform is. Additionally, the rent is influenced by the type of goods sold and the size of the shop.
Tender Deposit Requirements
Depending on the category of the tender, you will need to deposit an amount ranging from INR 40,000 to INR 300,000. This fee varies based on the location and size of the shop.
Lucrative Business
Opening a shop at a railway station can be a lucrative business opportunity, provided you follow the necessary steps and meet the required criteria. With the right approach, you can successfully run a profitable shop at one of India's bustling railway stations.
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