DPIIT signs MoU with a private firm to promote startup ecosystem in manufacturing sector

Department for Promotion of Industry and Internal Trade (DPIIT) has signed a MoU with the Bhaane Group, a subsidiary of Shahi Exports Pvt Ltd, the largest manufacturer of apparel. This collaboration will launch incubation programs for startups specializing in manufacturing, along with other production areas and foster relationships with international startup ecosystems.

Through its extensive experience, the private firm will support upcoming startups by providing access to market insights. The firm will facilitate them to create a holistic understanding of the workings of foreign markets, along with guidance on operational knowledge throughout the startup lifecycle.

This is part of government’s thrust on promoting new manufacturing entrepreneurs in the country.

RECENT UPDATES