DPIIT Partners with JK Cement to Boost Startup Ecosystem
In a significant move to bolster entrepreneurship in India, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined hands with JK Cement to support startups across the country. This collaboration is designed to provide emerging businesses with vital resources, including advanced infrastructure, manufacturing facilities, research and development (R&D) support, mentorship, and opportunities for pilot projects. Startups will also gain access to university-based resources through JK Cement’s extensive network, which will serve as a catalyst for growth and innovation.
The partnership’s goal is to foster an environment that encourages entrepreneurship and innovation, enabling startups to thrive and contribute to sustainable development. Sanjiv, the Joint Secretary at DPIIT, highlighted the importance of this initiative in enhancing India’s startup ecosystem. He emphasized that the collaboration would play a critical role in accelerating growth and creating new opportunities for entrepreneurs, ensuring their long-term success in a competitive market.
Sumeet Kumar Jarangal, the Director of Startup India, noted that the partnership will initially focus on supporting at least 10 startups over the next year. These startups will receive crucial support in terms of resources, guidance, and mentorship, equipping them with the tools needed to develop viable solutions, scale their operations, and expand their businesses. The initiative is particularly aimed at empowering entrepreneurs to overcome challenges and build businesses that can thrive in both domestic and global markets.
JK Cement, renowned globally for its cement and home-building solutions, will bring its decades of expertise to this partnership. The company’s involvement will significantly strengthen the support provided to startups, offering not only technical know-how but also a platform for collaboration and knowledge sharing. This partnership is expected to create synergies that accelerate innovation, growth, and sustainability within India’s startup ecosystem. With this collaboration, DPIIT and JK Cement are taking a crucial step toward transforming India into a global hub for entrepreneurship and innovation, empowering the next generation of business leaders.
