DPIIT Joins Forces with Mercedes-Benz India to Enhance Manufacturing, Safety, and Sustainability.

Banking & Finance | Dated: 10 Mar 2025

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoC&I), has entered into a Memorandum of Understanding (MoU) with Mercedes-Benz India Private Limited, headquartered in Pune, Maharashtra, to enhance India's manufacturing capabilities, road safety, and environmental sustainability.

🎯 Key Highlights:

  • - The MoU was signed by Dr. Sumeet Kumar Jarangal, Director of DPIIT, and Santosh Iyer, Managing Director (MD) of Mercedes-Benz India, with senior officials from both organizations in attendance.

💡 Other Important Facts:

  • (i) This collaboration will empower startups, innovators, and entrepreneurs by providing them with the resources to develop cutting-edge technologies that will benefit society.
  • (ii) Structured programs will be launched to offer startups crucial infrastructure, mentorship, funding, and market access. Additionally, the partnership seeks to promote international collaborations and facilitate the exchange of knowledge.

📚 Test Your Knowledge:

Which department has recently signed an MoU with Mercedes-Benz India to enhance manufacturing, road safety, and sustainability?

Correct Answer: DPIIT

🚀 Quick Recap: