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The Department for Promotion of Industry and Internal Trade (DPIIT) recently signed a Memorandum of Understanding (MoU) with electric vehicle (EV) maker Ather Energy. This partnership aims to create new opportunities for startups in the EV and manufacturing sectors. The collaboration will focus on providing strategic mentorship and infrastructure support for deep-tech startups within the EV value chain. Joint Secretary Sanjiv Singh from DPIIT stated that this initiative seeks to foster an environment where startups can contribute significantly to EV manufacturing, battery innovation, and clean energy solutions, aligning with India's push for sustainable mobility and domestic production.
The Department for Promotion of Industry and Internal Trade (DPIIT) recently announced an initial agreement with electric vehicle (EV) manufacturer Ather Energy. This partnership aims to open up new opportunities for startups in both the EV sector and the broader manufacturing space. Advertisement
The DPIIT and Ather Energy have formalized this collaboration by signing a Memorandum of Understanding (MoU). The MoU will focus on providing strategic mentorship for deep-tech startups and offering infrastructure support specifically for startups operating within the EV value chain. This support is intended to help new businesses grow and innovate in a key area of national development.
Sanjiv Singh, Joint Secretary at DPIIT, stated that through this partnership with Ather Energy, they aimed to speed up the development of an environment where startups could contribute meaningfully to EV manufacturing, battery innovation, and clean energy solutions. This initiative aligns with India's broader goals of boosting domestic manufacturing, promoting clean energy, and encouraging innovation in the rapidly expanding EV market.
Source- PTI
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