Indian Railways is one of the largest transportation systems in the world which is emerging as the biggest potential market for the introduction of modern state-of-the-art technologies and solutions. With a motive of discussing various challenges and opportunities in deploying new age technologies in Railways, the apex industry body, Associated Chambers of Commerce and Industry of India (ASSOCHAM) organized an International Conference ‘RAILTECH – 2022: Futuristic Technologies for Indian Railways’ today at Hotel Le-Meridien in New Delhi. The conference was attended by the chief guest Ashwini Vaishnav, Union Minister for Railways and the Guest of Honour Darshana Jardosh, Minister of State for Railways. The speakers at the event included notable names like Vivek Lohia, MD, Jupiter Wagons along with other dignitaries and industry experts.
Lohia expressed, “Indian Railways has also changed drastically. It has certainly become a technologically transformed mode of transportation. At the offset, a lot of significant advancements can be seen in the field of speedier services, passenger safety, and operating engine-less trains. Much of the credit goes to the technological developments which consist of enhanced systems, robust infrastructure and sound signaling, giving rail travel new importance.”
He added, “When it comes to Jupiter Wagons, we are witnessing a huge surge in wagons from the private sectors. People now want more reliability and transparency and we as a company are known for our streamlined structure of the business. Our business is seeing a substantial change in the way we progress. With the advent of technological advancements, we are modernizing ourselves in such a way that there is enough scope for growth and development in “Engineering the Future” of the Indian Railway.”
The conference brought together all concerned groups to a common platform to provide impetus towards technology solutions for Railways. It was concluded that process, structural and cultural reforms are the key elements of transformational changes in any organization. Indian Railways has also embarked upon this journey by bringing in such changes. A culture of innovation is one such aspect that is needed to do such transformation and bring improvements to the organization. The vision of Indian Railways is to be a global leader in Railways by leaping a creator and innovator of technologies and systems.
