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In a significant move to support innovation in the manufacturing sector, a Memorandum of Understanding (MoU) was signed between Sumeet Jarangal, Director of the Department for Promotion of Industry and Internal Trade (DPIIT), and Neeraj Akhoury, Managing Director of Shree Cement.

This significant collaboration aims to strengthen the partnership between the industry and the government, with a focused objective of supporting and nurturing startups in the manufacturing sector.

The MoU will facilitate knowledge sharing, mentorship, and resources to drive innovation in the manufacturing ecosystem, ultimately fostering a dynamic environment where startups can thrive. This collaboration also signals a strategic effort to bridge the gap between emerging entrepreneurs and established industries, ensuring that startups receive the necessary backing to scale up and contribute to India’s industrial growth.

This strategic initiative is expected to create a dynamic ecosystem where emerging entrepreneurs can thrive and scale, contributing to India’s industrial growth.

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