DPIIT, Ather ink MoU to boost EV startups & deep-tech innovation
India has been taking significant strides towards adopting clean energy and sustainable practices, and the latest development in this direction is a Memorandum of Understanding (MoU) signed between the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, and Ather Energy, a leading electric vehicle (EV) startup. The MoU aims to boost India’s clean mobility and advanced manufacturing sectors, supporting the Build in Bharat initiative led by the Startup Policy Forum.
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 partnership between DPIIT and Ather Energy is a significant step towards achieving this goal, as it will provide a platform for EV startups to collaborate with the government and industry stakeholders to accelerate the development of sustainable mobility solutions.
Under the MoU, DPIIT and Ather Energy will work together to identify and support startups that are working on innovative solutions in the EV and sustainable manufacturing spaces. The partnership will also focus on developing a robust ecosystem for startups, including access to funding, mentorship, and talent acquisition.
The Build in Bharat initiative is a key component of the Startup Policy Forum’s efforts to promote innovation and entrepreneurship in India. The initiative aims to create a conducive environment for startups to grow and scale, by providing them with access to funding, talent, and market opportunities. The partnership with Ather Energy is a significant boost to this initiative, as it will provide startups with the opportunity to work with a leading EV startup and leverage its expertise and resources.
Ather Energy is a pioneer in the EV space in India, with a range of electric scooters and motorcycles that are designed to meet the needs of Indian consumers. The company has been at the forefront of promoting sustainable mobility solutions in India, and its partnership with DPIIT is a significant step towards achieving this goal.
The partnership between DPIIT and Ather Energy is also expected to boost India’s advanced manufacturing sector. The country has been making significant investments in advanced manufacturing technologies, including 3D printing, robotics, and artificial intelligence. The partnership will provide startups with access to these technologies, enabling them to develop innovative solutions that are designed to meet the needs of Indian consumers.
The MoU also aims to promote the development of EV charging infrastructure in India. The country has been making significant progress in this area, with the government announcing plans to set up over 50,000 EV charging stations across the country. The partnership between DPIIT and Ather Energy will provide startups with the opportunity to develop innovative solutions for EV charging infrastructure, including charging stations, charging management systems, and battery management systems.
The partnership between DPIIT and Ather Energy is a significant step towards achieving the government’s vision of promoting sustainable mobility solutions in India. The country has been making significant progress in this area, with the government announcing plans to promote the adoption of EVs in the country. The partnership will provide startups with the opportunity to develop innovative solutions that are designed to meet the needs of Indian consumers, and will help to accelerate the development of sustainable mobility solutions in the country.
In conclusion, the partnership between DPIIT and Ather Energy is a significant step towards promoting sustainable mobility solutions in India. The MoU will provide startups with the opportunity to collaborate with the government and industry stakeholders to accelerate the development of sustainable mobility solutions, and will help to boost India’s clean mobility and advanced manufacturing sectors. The partnership is a significant step towards achieving the government’s vision of promoting sustainable mobility solutions in India, and is expected to have a positive impact on the country’s economy and environment.
