It is now a Centralised Training Institute and trains officers of the IRSE cadre of the Indian Railways. Located in the historical and cultural city of Pune, IRICEN imparts training to up to 100 engineers/ managers at a time.Engineers from Railways of the developing countries as well as other government departments/private organisations are also trained. The training programmes are generally residential in nature. Available infrastructure for conducting various training programmes includes a well-stocked technical library, computer centre, material testing laboratory, model room/ museum, hostel, mess and recreational facilities for the trainee officers.

For achieving excellence in training, IRICEN has obtained ISO 9001-2015 certification. As per letter of certification issued by NABCB (The certifying body), the certificate is effective from 27 February 2021 to 26 February 2024. The institute also trains Railway Engineers for other agencies including RITES IRCON etc.

The IRICEN is one of six Centralised Training Institutes that share the task of training of officers. The other Centralised Training Institutes are for training entry level Civil Engineers.

Engineers from Railways of the developing countries as well as other government departments/private organisations are also trained. The training programmes are generally residential in nature.