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Tech: DPIIT-SPF work on global innovation hub

Fiinews by Fiinews
January 4, 2025
in Technology
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DPIIT SPF MoU

(L-R) Avantika Gode, SPF; Dr Sumeet Kumar Jarangal, Startup India; Shweta Rajpal Kohli, SPF; Sanjiv Singh, DPIIT & Aprajita Saini, Invest India with the signed MoU.

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Dr Jarangal says collaboration to boost manufacturing

The Department for Promotion of Industry and Internal Trade (DPIIT), has entered into a landmark partnership with the Startup Policy Forum (SPF) to establish India as a global hub for innovation and entrepreneurship.

A highlight of this partnership is the upcoming SPF Startup Baithak, a flagship event scheduled to take place on 15-16 Jan 2025 at Bharat Mandapam as part of the National Startup Week celebrations, said SPF, a premier industry organization representing India’s leading new-age companies https://www.startupindia.gov.in/.

“The MoU reflects a shared vision between DPIIT and SPF to make technology and innovation integral to India’s economic growth, driving the nation closer to Bharat@2047 aspirations,” it added https://www.meity.gov.in/.​

The event will serve as a dynamic platform for fostering meaningful collaborations between DPIIT and SPF members, showcasing groundbreaking innovations, and announcing new initiatives.

Furthermore, SPF will join hands with DPIIT to curate specialized immersive programs, designed to connect global investors with India’s vibrant startup ecosystem.

Speaking on the occasion, Sanjiv, Joint Secretary, Startup India, shared, “This strategic collaboration with SPF underscores DPIIT’s unflinching commitment to create a congenial atmosphere where startups could thrive and contribute immensely to India’s mission of becoming a global innovation hub https://www.makeinindia.com/home/.

“The SPF members represent the essence of India’s entrepreneurial spirit and their participation in this mission will play a crucial role in achieving the goal of developed India by 2047.”

Shweta Rajpal Kohli, President & CEO, Startup Policy Forum, expressed her enthusiasm for the partnership by stating on 3 Jan 2025, “This alliance is a testament to the shared vision of DPIIT and SPF to cultivate a resilient and thriving startup ecosystem. By fostering impactful collaborations, we aim to position India prominently on the global innovation map and empower entrepreneurs to unlock their full potential https://www.nseindia.com/.”

Elaborating on the perspective of this groundbreaking initiative, Dr Sumeet Kumar Jarangal, Director, Startup India stated, “The collaboration aims to amplify innovation, drive technology adoption, and boost manufacturing capabilities in India https://www.bseindia.com/.

“By forging partnerships amongst DPIIT and SPF members, the alliance seeks to promote the Indian startup ecosystem globally on the centre stage and facilitate relationship with international stakeholders and ecosystem enablers https://sbi.com.in/.”

Startup Policy Forum (SPF) is an industry alliance for India’s new-age companies. SPF’s members include many of India’s most successful and valuable startups including Razorpay, CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, Mobile Premier League (MPL), Livspace, Cars24, Cardekho, Mobikwik among others.

The Department for Promotion of Industry and Internal Trade (DPIIT) is a nodal agency of the Ministry of Commerce and Industry. Fiinews.com

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