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Shree Cement and DPIIT Sign MoU to Boost Manufacturing Start-Ups
Update / Judgement Date
05 Nov 2024
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Author
Team — WCP Legal Desk
Reading Time
1 min read
Shree Cement has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to boost manufacturing start-ups. The MoU aims to support innovation and entrepreneurship in the manufacturing sector by providing start-ups with access to resources, mentorship, and funding. Shree Cement will collaborate with DPIIT to identify and nurture promising start-ups, helping them scale their operations and bring new products to market. This initiative is part of Shree Cement’s broader commitment to corporate social responsibility and sustainable development. The partnership is expected to drive growth in the manufacturing sector, create job opportunities, and contribute to India’s economic development. By fostering a supportive ecosystem for start-ups, the MoU aims to promote technological advancements and enhance the competitiveness of Indian manufacturing on a global scale.