DPIIT and Ather Ink MoU to Boost EV Startups and Deep-Tech Innovation
In a significant move to accelerate India’s transition to clean mobility and advanced manufacturing, 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 pioneering electric vehicle (EV) manufacturer. This partnership aims to support the Build in Bharat initiative led by the Startup Policy Forum, a coalition of over 50 innovation-driven startups, to boost growth and innovation in the electric vehicle and sustainable manufacturing sectors in India.
The MoU signing ceremony took place on [Date] and was attended by senior officials from DPIIT, Ather Energy, and other stakeholders. The partnership is expected to create a conducive ecosystem for EV startups and deep-tech innovation, fostering collaboration between industry players, academia, and government institutions.
Accelerating India’s Clean Mobility Plans
The Indian government has set ambitious targets to reduce greenhouse gas emissions and promote sustainable mobility. The National Electric Mobility Mission Plan (NEMMP) 2020 aims to achieve 30% of the total vehicle sales to be electric by 2030. The DPIIT-Ather Energy partnership is a significant step towards achieving this goal, enabling the development of innovative EV technologies and supporting the growth of the clean mobility sector in India.
Fostering Innovation and Entrepreneurship
The partnership will focus on promoting innovation and entrepreneurship in the EV space, providing a platform for startups to collaborate with industry leaders, academia, and government institutions. Ather Energy, with its expertise in electric vehicle manufacturing, will work closely with DPIIT to develop and implement policies and programs that support the growth of the EV ecosystem in India.
Deep-Tech Innovation and Advanced Manufacturing
The MoU also aims to promote deep-tech innovation and advanced manufacturing in India. Ather Energy’s partnership with DPIIT will enable the development of cutting-edge technologies, such as electric powertrains, advanced battery management systems, and autonomous driving solutions. This will not only enhance India’s manufacturing capabilities but also position the country as a hub for clean technology innovation.
Build in Bharat Initiative
The Build in Bharat initiative, led by the Startup Policy Forum, is a coalition of over 50 innovation-driven startups, entrepreneurs, and industry players. The initiative aims to promote innovation, entrepreneurship, and job creation in India, focusing on sectors such as EVs, renewable energy, and advanced manufacturing. The DPIIT-Ather Energy partnership is a significant milestone in this initiative, demonstrating the commitment of industry players and government institutions to support the growth of India’s startup ecosystem.
Government Support for Startups and EV Sector
The Indian government has been actively supporting startups and the EV sector through various initiatives and policies. The DPIIT, under the Ministry of Commerce and Industry, has been instrumental in promoting entrepreneurship and innovation in India. The government has also launched several initiatives, such as the Startup India Program, to support startups and the EV sector.
Conclusion
The DPIIT-Ather Energy partnership is a significant step towards achieving India’s clean mobility and advanced manufacturing goals. The partnership will promote innovation, entrepreneurship, and collaboration between industry players, academia, and government institutions, fostering the growth of the EV sector and deep-tech innovation in India. As the country continues to navigate the challenges of sustainable development, this partnership will play a crucial role in shaping India’s future as a leader in clean technology innovation.
