DPIIT Collaborates with HCLSoftware to Support Indian Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) announced a strategic partnership with HCLSoftware, a global leader in software solutions, on October 23, 2024, at Vanijya Bhawan in New Delhi, as part of its Manufacturing Incubation Initiative.

This collaboration aims to transform India’s startup manufacturing landscape by fostering an environment where corporate entities actively support the growth of manufacturing startups. Under the Startup India initiative, DPIIT has established over 80 Memorandums of Understanding (MoUs) with various industry stakeholders.

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DPIIT Joint Secretary, Mr. Sanjiv Singh, highlighted the necessity of this partnership to establish a sustainable manufacturing ecosystem, stating that HCLSoftware’s expertise and dedication to supporting startups align seamlessly with DPIIT’s vision. Mr. Sanjiv noted that through this collaboration, innovation will flourish, and Indian businesses will gain a stronger foothold on the global stage.

Outlining the goals of DPIIT’s flagship program, Startup India, Mr. Sanjiv reaffirmed DPIIT's commitment to fostering and promoting the nation’s manufacturing ecosystem by motivating and supporting product startups, innovators, and entrepreneurs. This collaboration will significantly contribute to the realisation of India’s 'Make in India' initiative and position India as a global manufacturing hub.

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