Konkan Railway Corporation (KRC) is a subsidiary of the
Indian Railways (IR). It operates the
Konkan Railways, a subsidiary zone of the Indian Railways. Its headquarters is at
Belapur in
New Bombay. KRC has been making losses since it opened in the 1990s prompting many to consider it merging with its parent company, IR. The company has been earning operating profits for past several years. Konkan Railway Corporation is in fore front in introducing and implementation of new technologies and concepts in
railway scenario of India. The spate of accidents in intial years of operating and the tough terrain of its operation have made Konkan Railway to bring new technologies. The Anti collision Devices, Sky Bus and RORO are few of them.
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