Friday, December 14, 2007

e-ticketing everywhere

It’s everywhere and everyone’s doing it. Be it flying, traveling by train or going to a movie—e-ticketing is becoming the preferred mechanism.

For the record we thought that it would be interesting to rattle off some statistics that speak volumes about the growth of e-ticketing in transportation.

The online passenger reservation site of Indian Railway Catering and Tourism Corporation Ltd’s (IRCTC) sales from the Internet booking of train tickets in a single month (August 2007) totted up to a staggering 12,90,608 tickets generating revenues of Rs 110 crores. Direct online ticketing now accounts for 40 percent of the tickets sold at most airlines. Air Deccan does an average of Rs 30 million worth of transactions per day.

These are exciting times for Indian e-ticketing. Sales are robust and large corporations and enterprises are pulling out all the stops in their attempts to grow online sales. Online ticketing has caught on with high acceptance in the Indian market. There are many vendors who are trying to capture this space and large corporations are firmly behind online ticketing.

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