DPIIT join Hands with JK Cement
Delhi, India’s New Delhi
To support product startups, innovators, and entrepreneurs, DPIIT teams together with JK Cement. An Advancement to Encourage Innovation and Global Leadership in the Manufacturing Sector To foster innovation, empower entrepreneurs, and fortify India’s manufacturing ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, and JK Cement, a prominent producer of grey and white cement, have signed a Memorandum of Understanding (MoU).
According to DPIIT, this strategic collaboration aims to transform India into a global manufacturing hub by nurturing product startups, innovators, and entrepreneurs. The partnership will enable access to cutting-edge infrastructure, state-of-the-art manufacturing and R&D facilities, mentorship opportunities, pilot projects, and university resources under JK Cement.
(L to R) Mr . Madhavkrishna Singhania, Joint Managing Director & CEO, JK Cement, Dr. Sumeet Kumar Jaranga, Director, Startup India and Mr. Sanjiv Singh, Joint Secretary, DPIIT
Mr. Sanjiv Singh, Joint Secretary, DPIIT, described this Memorandum of Understanding as a Startup-Friendly effort and stated that it is a positive move towards establishing synergies with JK Cement to create an atmosphere that is favourable for innovators and entrepreneurs.
Mr. Singh went on to say that this much-needed endeavour will help the aspiring business owners reach new heights through collaboration, which will ultimately turn creative ideas into significant solutions and establish India as a global leader in manufacturing and innovation.
Outlining the essence of this strategic alliance, Director Startup India, Dr. Sumeet Kumar Jarangal revealed that this pro-startup initiative seeks to accelerate entrepreneurship, create viable solutions and drive sustainable development by supporting atleast 10 startups and entrepreneurs over the next one year.
Mr Madhavkrishna Singhania, Joint Managing Director & CEO, JK Cement Ltd., reaffirmed the company’s dedication, saying, “Our partnership with DPIIT reflects our unwavering commitment to nation-building.” By working together, we hope to develop a vibrant and competitive manufacturing sector that will support India’s aspirations to become an independent, innovation-driven economy. Through this partnership, India’s manufacturing sector will grow to previously unheard-of levels, promoting both technical innovation and economic prosperity.
According to DPIIT and JK Cement, India will dominate the world in manufacturing in the future and be known for its inventiveness, sustainability, and economic resiliency. Through funding the expansion and development of new businesses, this collaboration is expected to provide a strong basis for sustained national advancement and independence.