Wednesday, December 29, 2010

Railway Tenders Open Up New Avenues of Business Opportunities

Indian economy is largely dependent on railway transport. Not only the economy but the political and social systems are equally dependent on railway transport system in India. With a total network of over 63,000 kilometers, it is one of the busiest as well as heaviest carriers in the entire world. Railway tenders thus opens up various new avenues for aspirant bidders and entrepreneurs for making good in business.

Railway Tenders Scopes
Numerous scopes are offered by railway tenders. Some of the major areas are:
  • Construction and maintenance works.
  • Cabin repairs and supplying necessary fittings and accessories for the railways.
  • Associated tenders would be making sign boards and providing different types of fittings.
  • Food and beverages for passengers.
  • Providing bed roll and such other accessories for passenger trains.

There can be multiple other fields but these are some of the major fields where there are huge scope for large and small enterprises to make profits.

Tenders Befitting Status of the Bidder
Usually large enterprises take care of railway tenders relating to repair and maintenance works. On the other hand smaller enterprises will take care of the tenders like foods and beverages, small fittings, bed rolls and such other related fields. 

Long Planning Strategy
In the recent years the Indian Railways have adopted a long term strategy for procurement of goods and services. This long term plan is e-procurement. It is one of the most reliable methods for builders to deal with the government. Introduced first by Northern Railways, the system has been introduced by all other wings of the Indian Railways. Most of the railway tenders are now floated online. Especially the engineering and stores related tenders are available online.

Private Railway Lines
Though not as large as the official Indian Railway establishment, various private organizations are now floating railway tenders relating to their private lines. All the large scale public sector undertakings and private corporate houses have their own railway lines especially when they are dealing with mining and related works. Various scopes are opened up for the aspirant entrepreneurs who can bid and win over such tenders.

Information relating to railway tenders is available on multiple websites these days. Apart from the government railways website several informative and educative websites offer information on the web regarding scopes in railway related works and business opportunities.

Bid Online
Best way of bidding for the railway tenders is bidding online. For safety and security, the bidder can use digital signature. They can not only bid online but can also see the status of the bids online and find out the position of the entire tender as well.

Railway tenders not only bring up big business but also a chance for vendors to earn big money.

Wednesday, December 15, 2010

How to find right Railway Tender

Indian Railways have long been the backbone of Indian economic, political and social system. Indian Railways has become not just the main public transport system but also the lifeline of the major chunk of Indian economy. Having a total network of 63, 104 km, this is also world’s one of the busiest and heaviest carriers of the world. Having such a length and breadth requires round the clock maintenance. This industry is always on the go for all the developmental and constructional tasks.

These tasks requires issuing of tenders, calling out for people from government, semi-government, PSUs, state and autonomous bodies who can take the responsibility of the tasks and complete it on time. These tasks could be repairing any cabin, making signage boards, providing bed rolls, cleanliness task etc.

Indian Railways has adopted a method it was long planning about called e-procurement. It is undoubtedly the most reliable method if one aims to deal with the government. Northern Railways introduced this system to bring in transparency in the entire system. It covers all types of tenders which are issued by engineering and stores department.

All the government railways tenders are published on the official web site of the Northern Railways. The vendor can easily download all the tender documents directly or through different tenders websites available on web. Even the following step, that is, submission of the Railway Tenders can also be done online. The vendor can submit offers electronically with digital signatures. The vendor need not worry about the security of his documents as electronic tendering system has all required security aspects as are their in the manual system. The most interesting point is that the vendors can see that the tabulation statement of all the offers once the advertised tender opens and can also check the status of their respective tenders. The security money needs to be deposited through a pre-described payment gateway plus the information concerning the purchase order is sent to the vendor through emails.

Half of the worries of the vendors regarding the issuing of government railway tenders, scrutinizing all the point concerning the tender, raising the right bid, checking the status of one’s tenders and many others are hereby absorbed as the e-tendering system tries its level best to eradicate corruption and ensure transparency.

Railways tenders not only bring along big businesses but also a chance for the vendor to earn big as dealing with government never asks for any second thought in the mind. With e-procurement system coming in, the vendor need not run and conduct all the associated tasks manually. He just needs to keep an eagle’s eye on the web portals and sites which keep on speculating the probability of issuing of any railway tender in the near future and the amount of bidding to be raised for it. He just need to check his capability and his field of specializing before finally standing for the tender. With all the moves taken according to the prescribed rules, he can polish his repute by grabbing a particular railway tender.

Find latest news and notices on Indian transport tenders such as Railway Tenders, Shipping and Aviation Products, spares parts, equipment and much more. India Mart Tenders provides comprehensive list of various tenders in India absolutely free.