DPIIT Partners JK Cement To Boost India’s Manufacturing

SUMMARY

The partnership aims to support viable solutions and drive sustainable development by helping at least 10 startups and founders over the next one year

JK Cement will help budding startups in India to access better infrastructure, state-of-the-art manufacturing and R&D facilities, mentorship opportunities, pilot projects, and university resources

The development comes at a time when DPIIT has announced collaboration with multiple corporations to boost the manufacturing ecosystem in the country

Cement manufacturing major JK Cement has signed a memorandum of understanding (MoU) with Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Commerce & Industry to push for innovation, empower entrepreneurs and boost India’s manufacturing ecosystem.

The partnership aims to support viable solutions and drive sustainable development by helping at least 10 startups and founders over the next one year, DPIIT said in a statement.

JK Cement will help budding startups in India to access better infrastructure, state-of-the-art manufacturing and R&D facilities, mentorship opportunities, pilot projects, and university resources, the statement added.

“Partnering with DPIIT reflects our unwavering commitment to nation-building. Together, we aim to cultivate a dynamic and competitive manufacturing ecosystem, driving India’s ambition of becoming a self-reliant and innovation-led economy,” said Madhav Singhania, joint managing director and CEO of JK Cement.

The development comes at a time when DPIIT has announced collaboration with multiple corporations to boost the manufacturing ecosystem in the country.

Yesterday (January 8) DPIIT inked a pact with US retail giant Walmart to boost India’s manufacturing startup ecosystem aimed to support startups, along with micro, small, and medium enterprises (MSMEs) from Tier II and III cities. The partnership would enable startups to compete at the national as well as international level.

Last week, startup body Startup Policy Forum (SPF) also entered into a partnership with DPIIT to boost manufacturing capabilities in India and facilitate relationships with international companies. It is further designed to connect global investors with India’s vibrant startup ecosystem.

The central government has partnered with multiple other entities to further nurture the homegrown new age tech ecosystem. In recent months, the DPIIT has partnered with companies like HCLSoftware, Flipkart, bOAt, Tally, among others.

Moreover, it is set to host the second edition of the annual Startup Mahakumbh event between April 4 and 6, 2025, at Bharat Mandapam.