City
Epaper

DPIIT, Startup Policy Forum partner to establish India as global hub for innovation

By IANS | Updated: January 3, 2025 14:00 IST

New Delhi, Jan 3 The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of ...

Open in App

New Delhi, Jan 3 The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, on Friday announced a partnership with the Startup Policy Forum (SPF) aimed at establishing India as a global hub for innovation and entrepreneurship.

SPF is a premier industry organisation representing India’s leading new-age companies.

The Memorandum of Understanding (MoU) between DPIIT and SPF aims to empower startups, innovators, and entrepreneurs to drive economic growth.

The MoU reflects a vision to make technology and innovation integral to India’s economic growth, driving the nation closer to Bharat at 2047 aspirations.

“This strategic collaboration with SPF underscores DPIIT’s unflinching commitment to create a congenial atmosphere where startups could thrive and contribute immensely to India’s mission of becoming a global innovation hub,” said Sanjiv, Joint Secretary, Startup India.

“This alliance is a testament to the shared vision of DPIIT and SPF to cultivate a resilient and thriving startup ecosystem.

As part of the National Startup Week celebrations, SPF will hold a flagship event Startup Baithak from January 15-16 at Bharat Mandapam.

The event will serve as a dynamic platform for fostering meaningful collaborations between DPIIT and SPF members, showcasing groundbreaking innovations, and announcing new initiatives.

Further, SPF will join hands with DPIIT to curate specialised immersive programmes, designed to connect global investors with India’s vibrant startup ecosystem.

“The collaboration aims to amplify innovation, drive technology adoption, and boost manufacturing capabilities in India. By forging partnerships amongst DPIIT and SPF members, the alliance seeks to promote the Indian startup ecosystem globally on the centre stage and facilitate relationships with international stakeholders and ecosystem enablers,” said Dr. Sumeet Kumar Jarangal, Director, Startup India.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalOver 4,000 candidates appeared for NEET exam in Puducherry

International"Strait of Hormuz would not be managed by delusional posts": Iran on Trump's 'Project Freedom'

Politics"DMK alliance will return to power in Tamil Nadu": Congress' Girish Chodankar ahead of vote count

National"Revanth Reddy govt betraying 14 lakh students by dismantling fee reimbursement scheme": BRS' KT Rama Rao warns of agitation

InternationalRajya Sabha MP Shringla highlights potential to take India-Japan partnership "to next level"

Business Realted Stories

BusinessCentre releases over Rs 17,744 crore as wage payments under MGNREGA

BusinessS. Korea calls for regional cooperation in tackling economic impact from Iran war

BusinessS. Korean Earth-observation satellite successfully put into orbit

BusinessSamsung Biologics labour union to resume talks with management on Monday

BusinessAround 47 lakh domestic LPG cylinders delivered in a day against 47.4 lakh bookings