The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with YES BANK to bolster India’s startup ecosystem.
Expressing happiness that the state has earned national acclaim on big industries sector also besides being in the top grade of MSME industries, Miss Banerjee in a tweet in her X-handle wrote: “Glad to share that we are now in the top grade of the country in big industries sector also.
A new study by the Department for Promotion of Industry and Internal Trade (DPIIT) on Saturday recommended policy measures to enhance gender diversity in the rapidly growing logistics industry which is projected to reach $380 billion by 2025.
A Memorandum of Understanding (MoU) has been signed by the Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India Private Limited to advance India’s manufacturing ecosystem, road safety, and environmental sustainability.
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed a Memorandum of Understanding (MoU) with Paytm to foster innovation and accelerate the growth of manufacturing and fintech startups in India.
India has firmly established itself as the third-largest startup ecosystem in the world, with over 1.57 lakh certificates issued by Department for Promotion of Industry and Internal Trade (DPIIT) for recognition of startups as of December 31, 2024.
In order to boost the startup ecosystem in the apparel manufacturing industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a MoU with the Bhaane Group, a subsidiary of Shahi Exports Pvt Ltd, the largest manufacturer of apparel.
The funding season in the Indian startup ecosystem continued its growth this week as startups cumulatively raised more than $308 million across 24 deals.
From 2016 to October 31, 2024, recognised startups have reportedly created over 16.6 lakh direct jobs, significantly contributing to employment generation.
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, has partnered with Stride Ventures, a leading venture debt firm, to catalyze the growth of Indian startups and widen their global footprint. This collaboration will be instrumental in creating enormous opportunities for startups by integrating financial support with strategic mentorship and market access.
