New Delhi, April 30: The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Chamber India to strengthen India’s startup ecosystem and promote innovation-driven growth, according to an official statement issued on Thursday.
The partnership aims to enhance collaboration among startups, corporates, investors, and global stakeholders, while facilitating international linkages and cross-border engagement. Officials said the initiative will also support entrepreneurship in key sectors such as skilling, healthcare, agriculture, and emerging technologies.
As part of the agreement, startups recognised by DPIIT will be offered concessional membership to Chamber India with a 50 per cent rebate. This will enable access to a range of services, including export facilitation, intellectual property rights (IPR) advisory, business matchmaking, and participation in international delegations.
The collaboration also envisages the establishment of five incubation and startup support centres across the country. These centres will focus on Aspirational Districts, Northeastern states, and other emerging regions, with the aim of promoting inclusive and balanced growth.
Officials noted that the initiative aligns with the government’s broader push to strengthen the startup ecosystem, improve global competitiveness, and expand opportunities for entrepreneurs across diverse geographies.
