JK Cement Signs MoU with DPIIT to Support Startups
JK Cement has entered into a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry. The partnership aims to provide crucial support to startups, entrepreneurs, and innovators across the manufacturing domain.
This collaboration seeks to bolster India’s startup ecosystem by offering access to JK Cement’s state-of-the-art infrastructure, research and development (R&D) facilities, and manufacturing resources. The MoU includes provisions for mentorship programmes and pilot projects, aimed at nurturing innovation and facilitating practical solutions for manufacturing challenges. Additionally, startups will be able to tap into university resources, which will further drive collaborative opportunities and enhance the industry’s talent pool. Sanjiv Singh, Joint Secretary at DPIIT, noted that this collaboration represents a critical initiative to enhance India’s manufacturing capabilities and create a conducive environment for the growth of startups. He emphasized the potential impact of such partnerships in transforming innovative ideas into scalable solutions that contribute to India’s self-reliant, manufacturing-driven economy.
Dr. Sumeet Kumar Jarangal, Director of Startup India, expressed optimism over the initiative, highlighting that the programme would support at least 10 startups within the year, further accelerating entrepreneurial growth and technological advancement in the manufacturing sector. The partnership between JK Cement and DPIIT signals a promising future for India’s manufacturing landscape, positioning the country as a key player in global innovation. With their combined expertise, both organizations aim to foster a competitive ecosystem that will help the nation become a global leader in manufacturing innovation.
