RailTel celebrates its 24th Foundation Day

RailTel commemorated its 24th Foundation Day on Monday at the Airforce Auditorium, Subroto Park, New Delhi
RailTel celebrates its 24th Foundation Day
RailTel celebrates its 24th Foundation Day

New Delhi: RailTel commemorated its 24th Foundation Day at the Airforce Auditorium, Subroto Park, New Delhi. The grand event was honoured by the esteemed presence of 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 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, Jaya Varma Sinha expressed her contentment at witnessing RailTel's progress, envisioning its journey towards achieving Navratna status. She invoked the inspirational words of the 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 2,000 crore mark in the previous fiscal year, with a growth rate of 27 percent. 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 7,000 crore 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.

Disclaimer: This story is a press release and is being published without any editing, except the headline, by the PSU Watch desk.

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