DPIIT, Ather Ink MoU to Boost EV Startups & Deep-Tech Innovation
The Indian government is taking significant strides to promote clean mobility and advanced manufacturing sectors in the country. Recently, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed a Memorandum of Understanding (MoU) with Ather Energy, a leading electric vehicle (EV) manufacturer, to support the growth of EV startups and deep-tech innovation in India.
This partnership is a significant development in the country’s efforts to accelerate the adoption of electric vehicles and sustainable manufacturing practices. The MoU is a key component of the Build in Bharat initiative led by the Startup Policy Forum, a coalition of over 50 innovation-driven startups, which aims to promote innovation and growth in the EV and sustainable manufacturing sectors.
Ather Energy is a pioneer in the Indian EV industry, known for its innovative products and services. The company has been at the forefront of promoting sustainable mobility in India, and its partnership with DPIIT is expected to further accelerate the growth of the EV sector in the country.
The MoU between DPIIT and Ather Energy is focused on several key areas, including:
- Capacity Building and Skill Development: The partnership aims to develop a skilled workforce in the EV sector, with a focus on training and upskilling existing personnel. This will help to address the shortage of skilled labor in the industry and ensure that India has a strong talent pool to support the growth of the EV sector.
- Research and Development: The MoU will facilitate collaboration between DPIIT and Ather Energy on research and development projects, with a focus on developing innovative technologies and solutions for the EV sector. This will help to drive innovation and reduce the cost of EVs, making them more affordable for the masses.
- Start-up Support: The partnership will provide support to start-ups in the EV sector, including access to funding, mentorship, and incubation facilities. This will help to promote entrepreneurship and innovation in the sector, and support the growth of new companies.
- Policy Framework: The MoU will help to develop a robust policy framework for the EV sector, including the development of regulations and standards for the manufacturing and testing of EVs. This will help to create a favorable business environment for the sector and support the growth of the industry.
The Build in Bharat initiative, led by the Startup Policy Forum, is a key component of the government’s efforts to promote innovation and growth in the EV and sustainable manufacturing sectors. The initiative brings together a coalition of over 50 innovation-driven startups, including Ather Energy, to support the growth of the sector and promote the adoption of sustainable manufacturing practices.
The partnership between DPIIT and Ather Energy is a significant development in the country’s efforts to promote clean mobility and advanced manufacturing sectors. The partnership will help to drive innovation and growth in the EV sector, and support the development of a robust policy framework for the sector.
Conclusion
The partnership between DPIIT and Ather Energy is a significant step forward in the country’s efforts to promote clean mobility and advanced manufacturing sectors. The MoU will help to drive innovation and growth in the EV sector, and support the development of a robust policy framework for the sector. The Build in Bharat initiative, led by the Startup Policy Forum, is a key component of the government’s efforts to promote innovation and growth in the sector, and the partnership between DPIIT and Ather Energy is a significant development in this initiative.
