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Mercedes-Benz India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, to support startups focused on innovation, sustainability and entrepreneurship.
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Through this partnership, the company will help startups with infrastructure, mentorship, funding and global growth. The initiative supports india's goals of better road safety, sustainability and social progress.
The partnership aims to boost visibility and participation by leveraging the Startup India initiative, driving technological and economic growth while strengthening the startup ecosystem.
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India, manages policies for industrial growth, foreign investment, intellectual property and business regulations.
It helps make business easier by simplifying rules and creating a supportive environment for industries and startups. DPIIT also leads initiatives like Startup India, providing funding, mentorship and policy support to entrepreneurs.
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