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DPIIT Signs Two Key MoUs with HDFC Capital and Roche India to Promote Innovation in Housing and Healthcare.

MOUs and Agreement | Dated: 02 Aug 2025

On July 31, 2025, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoC&I), signed two significant Memorandums of Understanding (MoUs) — with HDFC Capital Advisors Limited and Roche India — to promote innovation in the affordable housing, property technology (PropTech), and healthcare startup ecosystems in India. These collaborations aim to align with national visions like Atmanirbhar Bharat and Viksit Bharat@2047.

🎯 Key Highlights:

  • - DPIIT signed an MoU with HDFC Capital Advisors Limited, a subsidiary of HDFC Bank, focusing on fostering innovation in affordable housing and PropTech sectors. The MoU was officially signed by Mohammad Isharar Ali, Director, DPIIT, and Vipul Roongta, CEO, HDFC Capital, to advance cost-effective, tech-driven solutions in India’s urban real estate development landscape.
  • - This MoU centers around HDFC Capital’s flagship initiative — the H@ART Programme (HDFC Affordable Real Estate and Technology Programme) — which aims to enhance efficiency, reduce costs, and boost scalability in the housing development value chain by supporting PropTech startups and linking them with developers, investors, and academic institutions.
  • - In alignment with the national missions of ‘Atmanirbhar Bharat’ and ‘Viksit Bharat@2047,’ the partnership intends to catalyze sustainable innovation and strengthen the startup ecosystem through accelerators, mentorship programs, and access to high-impact networks in the infrastructure and housing sectors.

💡 Other Important Facts:

  • (i) On the same day, DPIIT also signed an MoU with Roche Products (India) Private Limited (Roche India), a subsidiary of Switzerland-based Roche Group, to empower India's healthcare and life sciences startup ecosystem. The agreement was signed by Dr. Sumeet Jarangal, Director, DPIIT, and Rajwinder Mehdwan, MD, Roche India.
  • (ii) The DPIIT–Roche India MoU aims to support DPIIT-recognized startups in therapeutic areas such as oncology, neurology, ophthalmology, haematology, and rare diseases. The collaboration will provide startups access to Roche’s expertise, global mentorship, advanced infrastructure, and platforms for international scaling and pilot validation.
  • (iii) Both MoUs mark a pivotal step in India’s innovation-driven growth strategy across key sectors. While the HDFC partnership boosts urban and housing technology initiatives, the Roche collaboration strengthens healthcare innovation and capacity-building through targeted startup support in critical therapeutic fields.

📚 Test Your Knowledge:

Which department under the Ministry of Commerce and Industry signed two key MoUs with HDFC Capital and Roche India in July 2025?

Correct Answer: DPIIT

🚀 Quick Recap:

About Ministry of Commerce and Industry (MoC&I)

  • Union Minister : Piyush Goyal
  • Headquarters: New Delhi