Indian Railways, led by Minister Ashwini Vaishnaw, is preparing to establish a sandbox to promote start-ups.
A sandbox provides a secure space for businesses to experiment with reduced regulatory and legal risks, allowing them to test new ideas and scale up innovations.
The upcoming sandbox policy will enable new innovative concepts to be tested on a small scale before expanding to larger initiatives.
Indian Railways' engagement with start-ups through initiatives like 'Startups for Railways' has shown promising results, with numerous entities and innovators collaborating to drive innovation in the sector.