New Delhi – On March 7, 2025, the Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India Private Limited signed a Memorandum of Understanding (MoU) aimed at advancing India’s manufacturing ecosystem, promoting road safety, and ensuring environmental sustainability.
The partnership focuses on creating structured programs to support startups, innovators, and entrepreneurs by providing infrastructure, mentorship, funding opportunities, and market linkages. Additionally, the collaboration seeks to facilitate international partnerships and knowledge exchange to drive long-term impact in technological excellence and societal development
Joint Secretary of DPIIT, Shri Sanjiv, highlighted that this collaboration is a strategic step towards enhancing India’s manufacturing capabilities while promoting responsible and sustainable innovations. He emphasized that the partnership would strengthen industry-academia linkages and create an ecosystem that drives impactful technological advancements.
Managing Director of Mercedes-Benz India, Shri Santosh Iyer, expressed enthusiasm for the collaboration, stating that it aligns with the company’s focus areas of road safety, environmental sustainability, and advanced manufacturing. He noted that through corporate social responsibility (CSR) funding, Mercedes-Benz India will work closely with incubators and institutes to drive meaningful societal impact.
The MoU was signed by Director of DPIIT, Dr. Sumeet Kumar Jarangal, and Managing Director of Mercedes-Benz India, Shri Santosh Iyer, in the presence of senior officials from both organizations.This collaboration underscores a significant move towards fostering innovation,