The railways have initiated a process to woo startups and stimulate innovative concepts and a workshop was held to create greater awareness on the Indian Railway Innovation Policy (IRIP), in Mysuru on Tuesday.
The Indian Railway Innovation Policy (IRIP) - “Startup for Railways” was also meant to encourage startups to come up with solutions to improve operational efficiency and safety on Indian Railways.
A release said 24 startups, MSMEs and other entities from across Karnataka participated in the workshop and 19 other entities joined the workshop online through video conference.