The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with a leading air conditioning company to support startups, innovators, and entrepreneurs across the country. Speaking on the occasion, Joint Secretary of DPIIT, Sanjiv Singh, said that the collaboration represents an important step towards fostering industry-driven innovation in the manufacturing sector. He noted that such partnerships enable startups to engage with real-world problem statements and scale solutions with tangible outcomes.
The Ministry of Commerce and Industry stated that the collaboration aims to foster the growth of product startups working in areas such as heating, ventilation, and air conditioning technologies; digital solutions; advanced manufacturing processes; and supply chain innovation. It seeks to enable startups to develop scalable and industry-relevant solutions through structured industry engagement. The Ministry added that the collaboration will also enable startups to access testing facilities, research and development infrastructure, and technical support, along with structured mentorship programmes and periodic engagement sessions to align innovations with industry requirements.