Indian Railways launches Rail Tech Policy to promote innovation, start-up engagement
Indian Railways has launched a new Rail Tech policy designed to attract innovators, startups, and research institutions to co-create the future of rail transport. By streamlining the startup selection process, the initiative speeds up the testing ...
“Rail Tech will be permanently open for start ups,” the minister said, adding the selection process has been eased to encourage speedier implementation. Start ups will be allowed to propose solutions that will be vetted by the Railway Board.
Artificial Intelligence (AI) based Elephant Intrusion Detection System (EIDS), AI based fire detection system in coaches, and drone based broken rail detection system, are among the innovation challenges that need to be addressed.
Solutions for rail stress monitoring system, sensor-based load calculation device on parcel vans (VPUs), and solar panel on coaches have also been listed.
Vaishnaw said the start ups which prove their solutions for the Indian Railways can target exporting their products as well.
This is an improvement over the previous Railways start up policy. An official statement said the maximum grant has been doubled for prototype development and trials. Further, scale-up grant increased more than three times.
The government’s latest plan tracks the Indian Railway Innovation Policy, launched in June 2022, which provided up to Rs 1.5 crore in 50:50 cost-sharing grant support for start ups and smaller companies to develop functional prototypes. The policy focused on safety, efficiency, and maintenance, offering ownership to innovators, a secure sandbox for testing, and assured procurement to successful, innovative, low-cost solutions.
Responding to a query on budgetary allocation for these innovations, Vaishnaw said funds will be met from the head whose problems are being addressed. “Safety related innovations will be funded from within the existing budget earmarked for this purpose,” he said.
ET reported about the Rail Tech policy on February 16.
Vaishnaw also announced modernising the processing of court cases in Railway Claims Tribunal (RCT). He said it aims to improve efficiency, accessibility, and transparency in all 23 RCT benches to be connected digitally across India.
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