DPIIT inks MoU with Bhaane Group to assist startups in manufacturing sector, ETCFO
New Delhi, The Division for Promotion of Business and Inner Commerce (DPIIT) on Friday mentioned it has inked a pact with a subsidiary of attire makers Shahi Exports to assist startups within the manufacturing sectors. Underneath the MoU with the Bhaane Group, a subsidiary of Shahi Exports, the corporate will launch incubation programmes for startups specialising in manufacturing, together with different manufacturing areas and foster relationships with worldwide startup ecosystems.
That is a part of the federal government’s thrust on selling new manufacturing entrepreneurs within the nation, it mentioned.
DPIIT Joint Secretary Sanjiv mentioned that by facilitating connections between startups and established gamers like Bhaane Group, “We foster a mutually helpful atmosphere the place innovation prospers and Indian companies obtain world success.”
Anand Ahuja, CEO and Co-Founding father of Bhaane Group mentioned that world manufacturers are eyeing investing in Indian startups, because it is without doubt one of the main gamers within the South Asian market.