Mercedes-Benz India Partners with DPIIT to Strengthen India’s Startup Ecosystem!

Mercedes-Benz India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, aiming to bolster India’s startup ecosystem. This strategic partnership seeks to promote innovation, sustainability, and entrepreneurship by providing startups with access to vital resources, including infrastructure, mentorship, funding, and international market opportunities. The initiative aligns with India’s broader development goals, focusing on road safety, environmental sustainability, and social progress.

Through this collaboration, Mercedes-Benz India will work closely with the Startup India initiative to expand its reach and engage more startups, fostering technological and economic growth within the country. The initiative is designed to support the growth of India’s entrepreneurial ecosystem and to accelerate the adoption of cutting-edge technologies across various sectors, particularly in automotive, clean energy, and sustainability.

DPIIT, which operates under the Ministry of Commerce and Industry, plays a pivotal role in shaping industrial policy, simplifying regulations, and promoting business-friendly environments for startups and entrepreneurs. The department is actively involved in initiatives such as Startup India and Make in India, which offer critical support to new businesses through funding, mentorship, and policy backing. DPIIT also manages initiatives that protect intellectual property rights and enhance patent filing and enforcement in the country, further encouraging innovation and sustainable business practices.

Mercedes-Benz India, a leader in the luxury car market, has a long-standing commitment to India, with 30 years of operations as of 2024. The company’s manufacturing facility in Chakan, Pune, is integral to its production network, serving as the base for its CKD/MVP production system. With a focus on luxury, sustainability, and technological advancement, Mercedes-Benz India remains a key player in shaping India’s automotive and startup ecosystem. The company also leads with its large portfolio of electric vehicles, making it the only luxury brand in India to locally manufacture two BEVs, reinforcing its commitment to sustainable mobility.