DPIIT, Ather Ink MoU to Boost EV Startups & Deep-Tech Innovation
In a significant move to accelerate India’s clean mobility and advanced manufacturing sectors, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Ather Energy, a leading electric vehicle (EV) startup. This partnership is expected to boost the growth of EV startups and deep-tech innovation in the country, thereby supporting the Build in Bharat initiative led by the Startup Policy Forum.
The Startup Policy Forum, a coalition of over 50 innovation-driven startups, aims to accelerate innovation and growth in electric vehicles and sustainable manufacturing in India. The MoU between DPIIT and Ather Energy is a milestone in this direction, as it brings together the government’s initiatives with the expertise and resources of a leading EV startup.
Boosting EV Startups
The partnership between DPIIT and Ather Energy is expected to create a conducive ecosystem for EV startups in India. Ather Energy, which has been at the forefront of the EV revolution in India, will share its expertise and resources with DPIIT to support the growth of EV startups in the country. This will include providing training and mentorship to startups, as well as access to Ather’s research and development (R&D) facilities.
The MoU also aims to create a platform for EV startups to showcase their products and services, thereby attracting investments and creating job opportunities. This will be achieved through a series of events and exhibitions organized by DPIIT and Ather Energy, which will bring together EV startups, investors, and industry experts.
Deep-Tech Innovation
The partnership between DPIIT and Ather Energy is not limited to EV startups alone. It also aims to promote deep-tech innovation in the country, particularly in the areas of advanced manufacturing, artificial intelligence, and the Internet of Things (IoT). Ather Energy has already been at the forefront of deep-tech innovation in India, with its patented fast-charging technology and advanced battery management systems.
Under the MoU, DPIIT and Ather Energy will collaborate to promote deep-tech innovation in India, particularly in the areas of EV manufacturing, energy storage, and sustainable mobility. This will involve creating a platform for startups, industry experts, and researchers to collaborate and develop innovative solutions for the EV industry.
Build in Bharat Initiative
The Build in Bharat initiative, led by the Startup Policy Forum, is a coalition of over 50 innovation-driven startups that aims to accelerate growth and innovation in electric vehicles and sustainable manufacturing in India. The initiative is supported by DPIIT, the Ministry of New and Renewable Energy (MNRE), and the Ministry of Heavy Industries and Public Enterprises (MOHPI).
The Build in Bharat initiative has identified several areas of focus, including EV manufacturing, energy storage, and sustainable mobility. The initiative aims to create a comprehensive ecosystem for EV startups in India, including access to funding, mentorship, and market opportunities.
Conclusion
The MoU between DPIIT and Ather Energy is a significant step forward in promoting EV startups and deep-tech innovation in India. The partnership is expected to create a conducive ecosystem for EV startups, promote deep-tech innovation, and accelerate growth in the clean mobility and advanced manufacturing sectors.
As the Indian government continues to push for a cleaner and more sustainable future, partnerships like this will play a crucial role in achieving its goals. With its commitment to innovation and sustainability, Ather Energy is well-positioned to lead the charge in India’s EV revolution.
