DPIIT, Ather Ink MoU to Boost EV Startups & Deep-Tech Innovation
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 to accelerate growth and innovation in India’s electric vehicle (EV) and sustainable manufacturing sectors. This partnership is a significant step towards achieving India’s vision of becoming a global leader in clean mobility and advanced manufacturing.
As part of the Build in Bharat initiative led by the Startup Policy Forum, a coalition of over 50 innovation-driven startups, the DPIIT and Ather Energy will work together to create a conducive ecosystem for electric vehicle startups and deep-tech innovation in India. The partnership aims to foster collaboration, knowledge sharing, and resource allocation to support the growth of the EV and sustainable manufacturing sectors.
The MoU was signed in the presence of senior officials from the DPIIT and Ather Energy, and marks a significant milestone in the government’s efforts to promote entrepreneurship, innovation, and sustainable development in India. The partnership is expected to have a positive impact on the country’s economy, environment, and energy security.
Ather Energy, a leading electric scooter manufacturer in India, has been at the forefront of the country’s EV revolution. With its innovative products and technology, the company has set a new benchmark for the industry. The partnership with the DPIIT is a testament to Ather Energy’s commitment to driving innovation and sustainability in India.
The DPIIT, as the nodal agency for startup promotion, has been working tirelessly to create a favorable ecosystem for startups in India. The MoU with Ather Energy is a significant step in this direction, as it brings together two key stakeholders in the EV and sustainable manufacturing sectors to promote innovation, entrepreneurship, and growth.
The partnership will focus on several key areas, including:
- Incubation and Acceleration: The DPIIT and Ather Energy will work together to identify and support innovative startups in the EV and sustainable manufacturing sectors. The partnership will provide incubation and acceleration programs to help startups scale up their operations and reach new heights.
- Research and Development: The partnership will facilitate research and development collaborations between startups, academia, and industry experts to develop new technologies and solutions for the EV and sustainable manufacturing sectors.
- Policy Advocacy: The DPIIT and Ather Energy will work together to advocate for policies and regulations that support the growth of the EV and sustainable manufacturing sectors in India.
- Capacity Building: The partnership will provide training and capacity-building programs for startups, entrepreneurs, and industry professionals to enhance their skills and knowledge in the EV and sustainable manufacturing sectors.
The Build in Bharat initiative, led by the Startup Policy Forum, is a coalition of over 50 innovation-driven startups that aims to promote entrepreneurship, innovation, and sustainable development in India. The initiative has been instrumental in driving growth and innovation in various sectors, including EV and sustainable manufacturing.
The partnership between the DPIIT and Ather Energy is a significant step towards achieving India’s vision of becoming a global leader in clean mobility and advanced manufacturing. The MoU will provide a platform for startups, entrepreneurs, and industry professionals to collaborate, innovate, and grow, ultimately driving economic growth, environmental sustainability, and energy security in India.
Conclusion
The partnership between the DPIIT and Ather Energy is a testament to the government’s commitment to promoting entrepreneurship, innovation, and sustainable development in India. The MoU will provide a boost to the EV and sustainable manufacturing sectors, driving growth, innovation, and job creation in the country. As India continues to emerge as a global leader in clean mobility and advanced manufacturing, this partnership will play a crucial role in shaping the country’s future.
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