Railways Backs 23 Innovation Projects by Start-ups
16 Jul 2024
2 Min Read
CW Team
Indian Railways has pledged support for 23 innovation projects led by start-ups, marking a significant initiative to foster technological advancements and operational efficiencies within the railway sector. These projects encompass diverse areas including safety enhancements, passenger amenities, operational improvements, and sustainability measures.
The initiative reflects Indian Railways' commitment to harnessing innovation and entrepreneurship to address modern challenges and elevate railway services to global standards. By collaborating with start-ups, the railway sector aims to infuse fresh ideas, technological innovations, and agile solutions into its operations.
The supported projects range from novel safety solutions leveraging artificial intelligence (AI) and IoT technologies to smart infrastructure upgrades aimed at improving efficiency and reducing environmental impact. Start-ups involved in these projects will receive mentorship, funding, and access to railway facilities to pilot and scale their innovations.
Indian Railways' support for innovation aligns with the government's broader vision to modernise infrastructure, enhance passenger experience, and promote sustainable transport solutions. The initiative not only stimulates economic growth by nurturing the start-up ecosystem but also positions Indian Railways as a leader in adopting cutting-edge technologies for railway operations.
Through these collaborative efforts, Indian Railways aims to strengthen its operational capabilities, optimise resource utilisation, and enhance overall service delivery, thereby meeting the evolving needs of passengers and stakeholders in the railway ecosystem.
Indian Railways has pledged support for 23 innovation projects led by start-ups, marking a significant initiative to foster technological advancements and operational efficiencies within the railway sector. These projects encompass diverse areas including safety enhancements, passenger amenities, operational improvements, and sustainability measures.
The initiative reflects Indian Railways' commitment to harnessing innovation and entrepreneurship to address modern challenges and elevate railway services to global standards. By collaborating with start-ups, the railway sector aims to infuse fresh ideas, technological innovations, and agile solutions into its operations.
The supported projects range from novel safety solutions leveraging artificial intelligence (AI) and IoT technologies to smart infrastructure upgrades aimed at improving efficiency and reducing environmental impact. Start-ups involved in these projects will receive mentorship, funding, and access to railway facilities to pilot and scale their innovations.
Indian Railways' support for innovation aligns with the government's broader vision to modernise infrastructure, enhance passenger experience, and promote sustainable transport solutions. The initiative not only stimulates economic growth by nurturing the start-up ecosystem but also positions Indian Railways as a leader in adopting cutting-edge technologies for railway operations.
Through these collaborative efforts, Indian Railways aims to strengthen its operational capabilities, optimise resource utilisation, and enhance overall service delivery, thereby meeting the evolving needs of passengers and stakeholders in the railway ecosystem.
Next Story
MoHUA Plans New Role for Smart City SPVs
In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..
Next Story
ADB Approves $110 Million Loan to Boost Skills in Gujarat
The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..
Next Story
SDAL Tests Rudrastra UAV and Bhargavastra Defence System
Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..
