Indian Economy News

Indian Railways’ “Startups for Railways" initiative gains momentum

Indian Railways has embarked on a significant innovation initiative by engaging with startups and other entities through the "Startups for Railways" program, launched by the Ministry of Railways on June 13, 2022. The initiative includes the Indian Railways Innovation Portal, accessible at The primary objective is to harness the innovative technologies developed by Indian Startups, MSMEs, Innovators, and Entrepreneurs to enhance operational efficiency and safety within the Indian Railways framework. The Ministry aims to address quality, reliability, and maintainability issues, allowing the Startup/MSME/Innovator/Entrepreneur to retain exclusive ownership of Intellectual Property Rights (IPR) generated in the project.

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