India is the second most populous country in the world1. Indian Railway has the fourth largest rail network in the world after the United States, China and Russia. The entire infrastructure is managed by the Railways Board, and it has a monopoly in providing rail services in India. The transport sector is an important part of the nation's economy. India's public transport systems are amongst the most exploited systems in the world. The history of rail transport in India began in the mid-nineteenth century. It enjoys being the most used transport system. It not only integrates the social, economic and cultural foundation of the country but also is a giant facilitator in terms of employment opportunities.[ .] Indian Railways provides an effective Innovation Ecosystem involving the free flow of technology and information among people, enterprises and institutions, which is the key to an innovative process. It allows interactions between the actors needed to turn an idea into a process, product, or service to achieve the ultimate objective of the organization.
Article Details
Unique Paper ID: 158127
Publication Volume & Issue: Volume 9, Issue 8
Page(s): 839 - 846
Article Preview & Download
Share This Article
Join our RMS
Conference Alert
NCSEM 2024
National Conference on Sustainable Engineering and Management - 2024