The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed a Memorandum of Understanding (MoU) with Ather Energy Limited, an Indian electric vehicle manufacturer, to boost EV manufacturing and a clean mobility ecosystem. The collaboration of DPIIT and Ather Energy to promote EV manufacturing and clean mobility ecosystem in India is being undertaken as part of the Build in Bharat initiative led by the Startup Policy Forum (SPF), a coalition of over 50 innovation-focused startups.
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| DPIIT signs MoU with Ather Energy to boost EV manufacturing and clean mobility ecosystem |
DPIIT - Ather Energy signs MoU to boost EV manufacturing and clean mobility ecosystem
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry and Ather Energy Limited, an Indian electric vehicle manufacturer, have signed a Memorandum of Understanding (MoU) to accelerate the growth of India’s clean mobility and advanced manufacturing sectors.
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The partnership of DPIIT and Ather Energy to boost EV manufacturing is being undertaken as part of the Build in Bharat initiative led by the Startup Policy Forum (SPF), a coalition of over 50 innovation-focused startups.
This collaboration is expected to provide new opportunities for startups in the EV and manufacturing space, contributing to a future-ready and self-reliant startup ecosystem aligned with India’s climate and industrial goals.
DPIIT - Ather Energy MoU Signed by
The DPIIT and Ather Energy MoU to boost EV manufacturing and clean mobility ecosystem was signed in the presence of Joint Secretary, DPIIT, Sanjiv Singh, and Co-founder and CEO, Ather Energy, Tarun Mehta.
Aims of DPIIT - Ather Energy MoU
The aim of DPIIT and Ather Energy MoU to boost EV manufacturing and clean mobility ecosystem to catalyse the development of an enabling environment where startups can contribute meaningfully to EV manufacturing, battery innovation, and clean energy solutions.
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Outlines of DPIIT - Ather Energy MoU
The outlines of DPIIT and Ather Energy MoU to boost EV manufacturing a comprehensive partnership between DPIIT and Ather Energy that will focus on strategic mentorship for deep-tech startups, infrastructure support for startups in the EV value chain, joint innovation programs such as the Bharat Startup Grand Challenge, co-hosted talent and skill development initiatives, and participation in events like Startup Mahakumbh along with on-ground exposure visits.
About DPIIT
The Department for Promotion of Industry and Internal Trade (DPIIT) was founded in 1995 and later expanded in 2000 through the merger with the Department of Industrial Development.
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It is working under the Ministry of Commerce and Industry, Government of India. This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.
Static Current Affairs related to DPIIT for upcoming exams
- Full form of DPIIT: Department for Promotion of Industry and Internal Trade
- Minister responsible: Piyush Goyal, Minister of Commerce and Industry
- Secretary: Amardeep Singh Bhatia
Static Current Affairs related to Ather Energy for upcoming exams
- Founded: 2013
- Founder: Tarun Mehta; Swapnil Jain
- Headquarters: Bengaluru, Karnataka
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