To improve the Startup Manufacturing ecosystem, the government has extended cooperation with software giant HCLSoftware. Under the ‘Manufacturing Incubation Initiative’, startups will get access to the ‘HCL Sync Programme’ for global market access. With this, startups will get an opportunity to showcase their products and services across the world, which will take Indian innovation to the international platform.
The Department for Promotion of Industry and Internal Trade (DPIIT) said that this collaboration is an important step towards advancing the Indian manufacturing sector, supporting the goal of establishing the country as a national manufacturing hub. DPIIT Joint Secretary Sanjeev Singh said, “This collaboration will boost innovation and Indian businesses will be able to establish a strong foothold on the global stage.”
He reaffirmed DPIIT’s commitment to boost the manufacturing ecosystem of the country by inspiring and supporting product startups, innovators and entrepreneurs. This collaboration will contribute significantly to realizing India’s ‘Make in India’ initiative and will establish India as a global manufacturing hub.
DPIIT said, “With this initiative, startups will be made better for India and Indian intellectual property will be developed. At the same time, startups will be provided with the tools and expertise to produce world-class products that meet global standards. The objective of this initiative is to establish a network of interconnected startups and suppliers, creating a strong manufacturing ecosystem.
According to Kalyan Kumar, Chief Product Officer, HCLSoftware, this is an important step in India’s manufacturing journey. Kumar said that the company will make all efforts to promote innovation and economic growth, which will contribute significantly to India’s goal of becoming a global manufacturing superpower. Under the ‘Startup India’ initiative, DPIIT has so far signed more than 80 Memorandums of Understanding (MoUs) with industry stakeholders.