Archive · 9 Nov 2025
DPIIT Signs MoUs with 50+ Firms to Boost Startup Manufacturing
Imagine a government department in India called DPIIT that helps new businesses, called startups, to make and invent things.
DPIIT has made deals with more than 50 big companies to help these startups.
The big companies will work with the startups to help them create new products and grow.
Some of these big companies will share their factories and machines, like a big workshop that many startups can use.
This helps the startups to build and test their ideas without having to buy very expensive equipment themselves.
It's like having experienced friends who let you use their tools to build your cool invention.
DPIIT is also working with a company called Thermo Fisher Scientific to help startups that make new medicines and health technologies.
DPIIT has signed MoUs with over 50 firms to boost India's manufacturing and innovation startup ecosystem.
The initiative aims to foster collaboration between large corporations and emerging manufacturing startups.
Manufacturing-focused incubators will provide pilot facilities, design centers, and shared manufacturing spaces.
These collaborations are intended to reduce the high capital investment burden for startups and facilitate scaling.
A recent MoU with Thermo Fisher Scientific aims to support over 500 biotech startups in three years.
- Who
- The Department for Promotion of Industry and Internal Trade (DPIIT) and over 50 companies.
- What
- Signed Memoranda of Understanding (MoUs) to foster a manufacturing and innovation ecosystem for startups.
- When
- Agreements have been signed, with a recent MoU with Thermo Fisher Scientific announced last month.
- Where
- India
- Why
- To encourage collaboration, provide critical support to manufacturing startups (infrastructure, capital, scaling), reduce high capital investment burden, and promote India as a global hub for innovation and industrial growth.
Emphasis on Corporate Role
Emphasis on Incubator Role
Facilitating Startup Growth
Emphasis on Corporate Role
Large corporations and industry associations are being engaged to emphasize the importance of manufacturing incubators and partnerships.
Emphasis on Incubator Role
Manufacturing-focused incubators provide crucial pilot facilities, design centers, prototyping labs, and shared manufacturing spaces to reduce capital investment for startups.
Access to Resources
Emphasis on Corporate Role
Corporates offer access to market opportunities, risk capital, and advanced technologies through their established industries.
Emphasis on Incubator Role
Incubators act as an interface between startups and established industries, facilitating access to necessary resources and expertise.
- Initiating Department
- Department for Promotion of Industry and Internal Trade (DPIIT)
- Number of Firms with MoUs
- Over 50
- Objective
- Strengthen India's manufacturing and innovation ecosystem for startups.
- Key Initiatives
- Manufacturing-focused incubators, BioVerse Challenge, BioVerse Mentors Circle
- Recent Partnership Example
- MoU with Thermo Fisher Scientific (TFS) for biotechnology sector
- Biotech Startup Support Goal
- Over 500 biotech startups in three years
