Ministry of Railways to invest up to INR 1.5 Cr in Indian startups under innovation policy
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The Ministry of Railways (MoR) will be investing up to INR 1.5 Cr in Indian startups under its Innovation Policy initiative. The ministry will be selecting startups that can create low-cost products and solutions for the Indian Railways network. With this move, the ministry aims to address quality, reliability and maintainability-related issues of the Indian Railways.