DPIIT and JK Cement partners to Empower Indian Startups & Innovators

In a landmark move to accelerate innovation and foster entrepreneurship, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has partnered with JK Cement, a leader in the cement manufacturing industry. This Memorandum of Understanding (MoU) promises to revolutionize India's manufacturing ecosystem by creating a thriving environment for product startups, innovators, and entrepreneurs.

Wondering how this partnership will help startups & innovators? Let's explore with TICE.

Building a Startup-Friendly Ecosystem

The collaboration is set to provide unprecedented support to budding entrepreneurs by granting access to cutting-edge manufacturing and R&D facilities, state-of-the-art infrastructure, pilot projects, and mentorship programs. The initiative also aims to leverage university resources, combining academic expertise with industrial prowess to nurture innovation.

“This is a startup-friendly initiative that creates synergies between DPIIT and JK Cement,” remarked Sanjiv Singh, Joint Secretary at DPIIT. He emphasized that this collaboration would help transform innovative ideas into impactful solutions, positioning India as a global leader in manufacturing and innovation.

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A Vision for India’s Manufacturing Future

Dr. Sumeet Kumar Jarangal, Director of Startup India, highlighted the strategic nature of this alliance. He revealed that at least 10 startups and entrepreneurs would benefit directly from this initiative over the next year. By accelerating entrepreneurship and enabling the creation of viable, sustainable solutions, the partnership aligns with India’s broader vision of sustainable development and economic self-reliance.

For JK Cement, this partnership aligns with its long-standing commitment to nation-building. Madhavkrishna Singhania, Joint Managing Director & CEO of JK Cement, said, "Together, we aim to cultivate a dynamic and competitive manufacturing ecosystem, driving India’s ambition of becoming a self-reliant and innovation-led economy."

A Legacy of Excellence: JK Cement’s Role

JK Cement has been a pivotal player in India’s infrastructure growth for over five decades, starting with its flagship grey cement unit in Nimbahera, Rajasthan, in 1975. Today, the company boasts a grey cement capacity of 24.2 MTPA and is a leader in the white cement and wall putty segment, with a total capacity of 3.05 MTPA. Its products reach 36 countries, and the company has established a robust international presence with subsidiaries in Fujairah, UAE, and Africa.

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In recent years, JK Cement has expanded its portfolio into paints, construction chemicals, and ready-mix concrete, further diversifying its contributions to India’s development.

Transforming Innovation into Impact

This partnership underscores a collective vision where India stands as a global manufacturing powerhouse. By fostering innovation and providing critical support to startups, DPIIT and JK Cement are laying the groundwork for long-term economic resilience and technological advancement.

A New Era for Indian Startups

This initiative reflects the changing dynamics of India’s startup ecosystem, where collaborations between industry leaders and government bodies create pathways for sustainable growth. For entrepreneurs and innovators, the DPIIT-JK Cement partnership is not just an opportunity but a significant step toward realizing their ambitions and contributing to India's global prominence in manufacturing and innovation.

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As India moves closer to becoming a self-reliant, innovation-driven economy, partnerships like these illuminate the path forward, transforming potential into progress and dreams into tangible achievements.

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