- The partnership is designed to empower startups, innovators, and entrepreneurs to act as key drivers of economic growth.
- The MoU embodies a shared commitment between DPIIT and SPF to integrate technology and innovation into India’s economic framework, advancing the nation toward its Bharat@2047 goals.
National, 3rd January 2025: The Department for Promotion of Industry and Internal Trade (DPIIT), operating under the Ministry of Commerce & Industry, has announced a groundbreaking partnership with the Startup Policy Forum (SPF), a leading industry body representing India’s top innovative companies. This collaboration aims to solidify India’s position as a global powerhouse for innovation and entrepreneurship.
A key initiative under this partnership is the SPF Startup Baithak, scheduled for January 15-16, 2025, at Bharat Mandapam, as part of the National Startup Week. This flagship event will bring together policymakers, industry leaders, and startup innovators to foster impactful collaborations, highlight cutting-edge solutions, and unveil new initiatives. Additionally, SPF and DPIIT will design immersive programs to bridge international investors with India’s vibrant startup landscape, amplifying global connectivity.
Sh. Sanjiv, Joint Secretary, Startup India, emphasized the significance of the partnership: “This collaboration reflects DPIIT’s unwavering dedication to creating an environment where startups thrive. SPF’s contributions are instrumental in driving India’s ambition to become a global innovation leader and achieve the vision of a developed India by 2047.”
Shweta Rajpal Kohli, President & CEO of Startup Policy Forum, expressed optimism about the initiative: “This partnership signifies the shared commitment of DPIIT and SPF to nurture a dynamic and sustainable startup ecosystem. By facilitating meaningful alliances, we aim to elevate India’s status on the global innovation stage and empower entrepreneurs to realize their full potential.”
Dr. Sumeet Kumar Jarangal, Director, Startup India, outlined the broader goals of the initiative: “This partnership seeks to accelerate innovation, drive technological advancements, and enhance manufacturing capabilities in India. By uniting DPIIT and SPF members, the collaboration will amplify the Indian startup ecosystem’s global presence and foster connections with international stakeholders.”
This strategic alliance between DPIIT and SPF is poised to redefine India’s startup ecosystem, making it a beacon for innovation, investment, and entrepreneurship worldwide.
