Railways Backs 23 Innovation Projects by Start-ups

16 Jul 2024 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.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..