The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed a Memorandum of Understanding (MoU) with Hero MotoCorp Limited to support and scale early-stage startups through the ‘Hero For Startups’ innovation accelerator programme.

Under the Startup India initiative, DPIIT and Hero MotoCorp will jointly assist startups working in future mobility, clean technology, and deep technology. They will provide selected startups with exclusive access to Hero MotoCorp’s world-class R&D facilities in Germany and India, its vast dealer, supplier, and partner network, and expert mentorship. Shortlisted startups will also work on paid Proofs of Concept (PoCs), helping them run successful pilots, gain market exposure, and accelerate innovation growth.

Joint Secretary of DPIIT, Shri Sanjiv, said the collaboration will strengthen DPIIT’s efforts to empower product-focused startups addressing India’s mobility challenges. He emphasised that connecting industry experience with grassroots innovation will fast-track the journey from concept to real-world impact, especially in emerging technologies and Tier 2/3 markets.

Hero MotoCorp’s Executive Chairman, Dr. Pawan Munjal, stated that the company aims to be a nation builder aligned with the vision of Viksit Bharat 2047. He highlighted that India’s vibrant startup ecosystem is crucial for building a self-reliant and globally competitive Bharat and reaffirmed Hero MotoCorp’s commitment to nurturing entrepreneurial talent.

The MoU was signed by Dr. Sumeet Jarangal, Director at DPIIT, and Shri Utkarsh Mishra, Global Innovation Portfolio Lead at Hero MotoCorp, in the presence of senior officials from both organisations.

This partnership aims to create new avenues for innovation-led industrial growth, in line with India’s Make in India, Atmanirbhar Bharat, and Viksit Bharat goals.

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