An MOU was inked by the DPIIT and Mercedes-Benz India to promote sustainability, road safety, and manufacturing excellence in India. The goal of this collaboration is to assist companies by providing market access, infrastructure, capital, and mentorship. 
The Memorandum of Understanding (MoU) to improve road safety, manufacturing, and sustainability in India. By offering infrastructure, market connections, funding opportunities, and mentorship, this partnership seeks to assist companies.
Additionally, by facilitating global cooperation and knowledge sharing, the partnership will promote technological breakthroughs and environmentally friendly advances in the automobile industry.
The duo also wants to boost India’s industrial and automotive industries, encouraging innovation in sustainability and traffic safety and assisting new businesses in growing and creating innovative solutions.
Key Highlights of the MoU
Objectives & Focus Areas
- Strengthening manufacturing capabilities in India.
- Promoting road safety initiatives through technology and innovation.
- Advancing sustainability by supporting green solutions in the automotive sector.
- Enhancing industry-academia linkages to drive impactful innovations.
- Facilitating international collaborations and knowledge exchange for startups.
Role of DPIIT
- Providing a structured framework to support startups in manufacturing, sustainability, and road safety.
- Enabling mentorship, funding, and market linkages for emerging businesses.
- Encouraging technological advancements through partnerships with global leaders like Mercedes-Benz.
Role of Mercedes-Benz India
- Leveraging its expertise in automotive innovation to support Indian startups.
- Engaging in Corporate Social Responsibility (CSR) initiatives to drive meaningful societal impact.
- Working with incubators and research institutions to develop advanced manufacturing solutions.
Statements from Key Officials
Sanjiv, Joint Secretary, DPIIT
- The collaboration is a strategic move to enhance manufacturing while promoting responsible and sustainable innovations.
Dr. Sumeet Kumar Jarangal, Director, Startup India
- The partnership will help startups access global best practices and crucial industry networks.
Santosh Iyer, MD, Mercedes-Benz India
- The company will support startups, incubators, and institutions through CSR funding to drive societal impact.
