+
Govt introduces innovation strategy for tech evolution in Railways
RAILWAYS & METRO RAIL

Govt introduces innovation strategy for tech evolution in Railways

The Central government introduced an innovation strategy to bring technical improvements to the Indian Railroads. The policy would engage innovators, startups, and entrepreneurs to collaborate with the railways.

A railway official told the media that this is the first time the Indian Railways has come up with such a strategy to provide fresh inventive ideas that would help it progress technologically.

The official said that they obtained all the essential crucial inputs from various sources. This programme would help in reducing outmoded and time-consuming procedures, including the recruitment of fresh minds for the railroads and the country as a whole.

The policy statement establishes a comprehensive framework for the ministry of railways' involvement with innovators for the development of technology, goods, and need-based solutions for railways.

According to media sources, the entire process of selecting innovative partners will be carried out online in an open, fair, and transparent way through a dedicated portal, which is likely to be operational by April-end.

The policy creates an enabling environment for Indian innovators, startups, entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), research and development (R&D) institutions, and technology developers to collaborate with Indian Railways on the development of innovative technological solutions.

As per the policy, entrepreneurs and innovators would be granted financial assistance in the form of project awards.

The official said that the railways would be responsible for half of the project's overall cost. It will provide a significant boost to new business owners. Once accepted, the inventor will have a good chance of getting other contracts.

Image Source

Also read: Indian Railways board approves 76 lifts at major ECR stations

The Central government introduced an innovation strategy to bring technical improvements to the Indian Railroads. The policy would engage innovators, startups, and entrepreneurs to collaborate with the railways. A railway official told the media that this is the first time the Indian Railways has come up with such a strategy to provide fresh inventive ideas that would help it progress technologically. The official said that they obtained all the essential crucial inputs from various sources. This programme would help in reducing outmoded and time-consuming procedures, including the recruitment of fresh minds for the railroads and the country as a whole. The policy statement establishes a comprehensive framework for the ministry of railways' involvement with innovators for the development of technology, goods, and need-based solutions for railways. According to media sources, the entire process of selecting innovative partners will be carried out online in an open, fair, and transparent way through a dedicated portal, which is likely to be operational by April-end. The policy creates an enabling environment for Indian innovators, startups, entrepreneurs, micro, small, and medium-sized enterprises (MSMEs), research and development (R&D) institutions, and technology developers to collaborate with Indian Railways on the development of innovative technological solutions. As per the policy, entrepreneurs and innovators would be granted financial assistance in the form of project awards. The official said that the railways would be responsible for half of the project's overall cost. It will provide a significant boost to new business owners. Once accepted, the inventor will have a good chance of getting other contracts. Image Source Also read: Indian Railways board approves 76 lifts at major ECR stations

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?