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DPIIT Joins Forces with ITC to Strengthen India's Startup Ecosystem.

National | Dated: 20 Jan 2025

In January 2025, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry (MoC&I), entered into a strategic partnership with Kolkata-based (Indian Tobacco Company) ITC Limited to enhance innovation and strengthen India's startup ecosystem.

🎯 Key Highlights:

  • - The partnership aims to leverage ITC's market network and DPIIT's support initiatives to drive technological advancements and create market opportunities for startups across the country.

💡 Other Important Facts:

  • (i) Under this collaboration, ITC plans to implement startup solutions in key areas such as energy storage systems, integrating Renewable Energy (RE) sources at manufacturing sites, and developing digital platforms for Manufacturing Execution Systems (MES).
  • (ii) The focus of this partnership is to improve operational excellence in manufacturing through digital solutions and enhance sustainability by strengthening ITC's renewable energy efforts.

📚 Test Your Knowledge:

Which company has Recently partnered with DPIIT to strengthen India's startup ecosystem?

Correct Answer: ITC

🚀 Quick Recap: