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Indian Railways ready to create a sandbox for encouraging startups: Ashwini Vaishnaw

  • 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.

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