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Indian Railways Backs 23 Innovation Projects by Startups
RAILWAYS & METRO RAIL

Indian Railways Backs 23 Innovation Projects by Startups

Indian Railways has embarked on a significant initiative to boost innovation by supporting 23 projects developed by startups across the country. This effort underscores Indian Railways' commitment to leveraging innovative solutions to enhance efficiency, safety, and passenger experience within the rail network.

The supported projects span various domains, including technology advancements, passenger amenities, operational improvements, and sustainability initiatives. Each project aims to address specific challenges faced by the Indian Railways ecosystem, contributing to the modernization and optimization of railway operations.

By backing these startup initiatives, Indian Railways aims to harness cutting-edge technologies and innovative ideas to transform the railway sector. The initiative also aligns with the government's broader agenda to promote entrepreneurship and innovation under the Startup India initiative.

The selected startups will receive crucial support from Indian Railways, including financial assistance, technical guidance, and access to infrastructure for piloting and scaling their innovations. This collaborative approach fosters a conducive environment for startups to develop and deploy solutions that cater to the evolving needs of the railway industry.

Through this initiative, Indian Railways not only nurtures the entrepreneurial spirit but also cultivates partnerships that drive technological advancement and operational excellence. The supported projects are poised to bring tangible benefits to railway operations, enhance passenger satisfaction, and contribute to the overall modernization of India's railway infrastructure.

Indian Railways has embarked on a significant initiative to boost innovation by supporting 23 projects developed by startups across the country. This effort underscores Indian Railways' commitment to leveraging innovative solutions to enhance efficiency, safety, and passenger experience within the rail network. The supported projects span various domains, including technology advancements, passenger amenities, operational improvements, and sustainability initiatives. Each project aims to address specific challenges faced by the Indian Railways ecosystem, contributing to the modernization and optimization of railway operations. By backing these startup initiatives, Indian Railways aims to harness cutting-edge technologies and innovative ideas to transform the railway sector. The initiative also aligns with the government's broader agenda to promote entrepreneurship and innovation under the Startup India initiative. The selected startups will receive crucial support from Indian Railways, including financial assistance, technical guidance, and access to infrastructure for piloting and scaling their innovations. This collaborative approach fosters a conducive environment for startups to develop and deploy solutions that cater to the evolving needs of the railway industry. Through this initiative, Indian Railways not only nurtures the entrepreneurial spirit but also cultivates partnerships that drive technological advancement and operational excellence. The supported projects are poised to bring tangible benefits to railway operations, enhance passenger satisfaction, and contribute to the overall modernization of India's railway infrastructure.

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KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

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In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

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Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Indian Railways Backs 23 Innovation Projects by Startups

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