DPIIT and Mercedes-Benz India Sign MoU to Boost Manufacturing, Road Safety, and Sustainability

The Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India have signed a Memorandum of Understanding (MoU) to enhance manufacturing, road safety, and sustainability in India. This collaboration aims to support startups by providing infrastructure, mentorship, funding opportunities, and market linkages. The partnership will also facilitate international collaborations and knowledge exchange, fostering technological advancements and sustainable innovations in the automotive sector.

Key Highlights of the MoU

Objectives & Focus Areas

• Strengthening manufacturing capabilities in India.
• Promoting road safety initiatives through technology and innovation.
• Advancing sustainability by supporting green solutions in the automotive sector.
• Enhancing industry-academia linkages to drive impactful innovations.
• Facilitating international collaborations and knowledge exchange for startups.

Role of DPIIT

• Providing a structured framework to support startups in manufacturing, sustainability, and road safety.
• Enabling mentorship, funding, and market linkages for emerging businesses.
• Encouraging technological advancements through partnerships with global leaders like Mercedes-Benz.

Role of Mercedes-Benz India

• Leveraging its expertise in automotive innovation to support Indian startups.
• Engaging in Corporate Social Responsibility (CSR) initiatives to drive meaningful societal impact.
• Working with incubators and research institutions to develop advanced manufacturing solutions.

Statements from Key Officials

Sanjiv, Joint Secretary, DPIIT

• The collaboration is a strategic move to enhance manufacturing while promoting responsible and sustainable innovations.

Dr. Sumeet Kumar Jarangal, Director, Startup India

• The partnership will help startups access global best practices and crucial industry networks.

Santosh Iyer, MD, Mercedes-Benz India

• The company will support startups, incubators, and institutions through CSR funding to drive societal impact.

Expected Impact

• Strengthening India’s automotive and manufacturing sectors.
  Boosting innovation in road safety and sustainability.
  Providing support to startups, helping them scale and develop cutting-edge solutions.