Reliability and safety engineering have attracted much attention in recent years and play an important role right from product design, manufacturing and maintenance phases of any engineering systems such as aerospace, automobile, power plants, security systems, naval systems, software etc. Further, with the growing computational techniques, signal processing techniques and with the use of machine learning methods, it is appropriate to ensure reliability by diagnosing faults at incipient stage. The proper operation of plants/machines are closely allied to the condition of various components such as pumps, compressors, rolling element bearings, cams, gears etc. Catastrophic failures of these components may cause expensive machine shutdowns, human casualties and may also affect the associated systems. This necessitates the use of highly sophisticated reliability and safety methods to check for the smooth operation regularly. Reliability and Safety Engineering have wide applications in all conventional engineering fields. This INCRS-2018 conference aims to bring together all the learners in this field of reliability and safety under one roof to share and build knowledge based platform.