New Delhi , March 24 -- In order to give a boost to India's manufacturing and innovation ecosystem, the union Government has signed a Memorandum of Understanding (MoU) with a leading air conditioning company to support startups, innovators, and entrepreneurs.
The MoU signed by the Department for Promotion of Industry and Internal Trade (DPIIT) with the leading companies aims to foster the growth of product startups working in areas such as HVAC technologies, digital solutions, advanced manufacturing processes and supply chain innovation.
It seeks to enable startups to develop scalable and industry-relevant solutions through structured industry engagement, Ministry of Commerce and Industry said in a statement.
Under the initiative, the st...