KSRTC SWIFT

Kerala State Road Transport Corporation SWIFT (KSRTC SWIFT), also known as K-SWIFT, is an transport company formed for operating long-distance buses of Kerala State Road Transport Corporation (KSRTC).[1][2] The company was formed on 9 November 2021 with an aim to overcome the financial crisis faced by the KSRTC. K-SWIFT functions independently within the KSRTC and the company will be dissolved and the assets merged with the KSRTC in 2031.[3]

For the parent company, see Kerala State Road Transport Corporation.

KSRTC SWIFT
K-SWIFT
TypeOwned by the Government of Kerala
IndustryPublic transport
FoundedNovember 9, 2021 (2021-11-09)
Headquarters
Anayara, Thiruvananthapuram
Areas served
Kerala
Tamil Nadu
Karnataka
Key people
Biju Prabhakar (Managing Director)
ServicesBus transport
Number of employees
325
ParentKerala State Road Transport Corporation

History

KSRTC SWIFT was formed on 9 November 2021. The government set up five temporary posts of senior managers in the newly formed company. Also, KSRTC CMD was entrusted with the task of cooperating with the company.[4]

References
  1. Correspondent, Special (10 April 2022). "KSRTC-SWIFT to start services from Monday". The Hindu. ISSN 0971-751X. Retrieved 24 May 2022.
  2. "KSRTC-SWIFT comes into force | Thiruvananthapuram News - Times of India". The Times of India. TNN. 20 February 2021. Retrieved 24 May 2022.
  3. "K-SWIFT will save ailing KSRTC, says MD Biju Prabhakar". English.Mathrubhumi. Retrieved 24 May 2022.
  4. Correspondent, Special (5 March 2022). "Luxury Volvo bus for KSRTC-SWIFT arrives". The Hindu. ISSN 0971-751X. Retrieved 24 May 2022.
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