Insights into managing people in the world's largest commercial employer- the Indian railways

The 21st century has witnessed India undergo sweeping economic changes. Riding on a host of factors, India today stands at the cusp of becoming one of the top four economies in the world (Capelli et al., 2010; Kumar et al., 2009). A growth rate of over 8%, prior to the slowdown, was despite the inadequacies of infrastructure. Yet, one organisation, which has shouldered the infrastructural burden of the transportation sector in India's growth story, is the 158 year old Indian Railways (IR). IR's profits – $5 billion over the last four years - are a far cry from its loss making days, which tempted the government of India to consider privatisation in 2001. The transformational turnaround would not have been possible but for IR's employees who are its true assets. The objective, therefore, was to understand the 'people side' of IR - the world's largest commercial employer.