RailTel Celebrates Its 24th Foundation Day

New Delhi, Sept 26: RailTel Corporation of India Limited, a Mini Ratna PSU under the Ministry of Railways, commemorated its 24th Foundation Day at the Airforce Auditorium, Subroto Park, New Delhi. The grand event was honoured by the esteemed presence of Smt. Jaya Varma Sinha, Chairman and CEO of the Railway Board, along with distinguished guests including Shobhan Chaudhary, General Manager/Northern Railways, Arun Saxena, Advisor to Hon’ble Minister of Railways, Sanjai Kumar CMD, V. Rama Manohara Rao, Director Finance, Manoj Tandon, Director POM, Yashpal Singh Tomar, Director NPM, Dr. Chandramani Sharma, CVO and other senior officials from RailTel, Railways, different Ministries, as well as former RailTel CMDs and Directors.

During her address to the RailTel family on this significant occasion, Smt. Jaya Varma Sinha, Chairman and CEO of the Railway Board, expressed her contentment at witnessing RailTel’s progress, envisioning its journey towards achieving Navratna status. She invoked the inspirational words of the Hon’ble Prime Minister, that Indian Railways will become the growth engine of the Nation’s Vikas yatra. She said that RailTel, as an extension of Indian Railways in the telecom sector, would be an integral part of this transformative journey. She also commended Team RailTel for their exceptional performance in providing the communication backbone for the G20 Summit. She extended her congratulations to the RailTel team for completing 23 illustrious years and wished them continued success for a brighter future.

Sanjai Kumar, Chairman & Managing Director (CMD), proudly announced that RailTel had exceeded the Rs. 2000 crore mark in the previous fiscal year, with a growth rate of 27%. He expressed his pride in leading such a dedicated and hard working team, reflecting on his own journey starting as an executive 21 years ago. He outlined RailTel’s plans for undertaking the modernization of railway signalling and mentioned that preparations for this endeavour were already underway. Additionally, he disclosed ambitions to expand operations internationally. He also thanked the investors for their confidence in RailTel which has helped the company to surpass Rs. 7000 cr market capitalization.

V Rama Manohara Rao, Director Finance/RailTel, extended his Vote of Thanks, expressing gratitude to the attendees and well-wishers of RailTel. The evening unfolded with an award ceremony, a captivating Odishi dance performance
by Adruta (an NGO based in Odisha) as well as riveting dance, music, and qawwali performances by RailTel employees and their family members, culminating in a truly memorable evening.