Bhubaneswar, Aug. 8 -- Odisha is set to launch India's first rail-tech park, creating a dedicated ecosystem for manufacturers of railway equipment, components and specialised engineering products. The proposed park will come up at the Sahaspur industrial estate in Khordha district, sources said.

According to a report by Business Standard, the Odisha Industrial Infrastructure Development Corporation (IDCO) has reportedly conducted preliminary assessment and land development work. A detailed project report has also been prepared. Reports suggested that Union Railway Minister Ashwini Vaishnaw is expected to launch the park soon.

The park has been planned amid rising demand for railway equipment driven by India's railway modernisation progr...