Shree Cement and DPIIT Sign MoU to Boost Manufacturing Start-Ups

05 Nov 2024 CW Team

In a significant development for India's manufacturing ecosystem, Shree Cement has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to promote the growth of early-stage product start-ups.

The partnership aims to provide start-ups with essential resources necessary for their success, including infrastructure, mentorship, funding opportunities, and access to markets. This support will guide them from the initial stages of prototype development to potential expansion into international markets.

According to the MoU, Shree Cement will work closely with DPIIT to create an environment conducive to innovation and growth for product start-ups, helping them establish a foothold in the competitive manufacturing sector.

Sumeet Jarangal, the DPIIT Director, emphasized that this partnership represents a significant advancement toward positioning India as a global manufacturing hub, especially within the cement industry. He remarked that this collaboration with Shree Cement would lay the foundation for a promising future for early-stage manufacturing start-ups and noted that nurturing these start-ups would strengthen India’s position in the global manufacturing landscape.

The MoU demonstrates a mutual commitment to enhancing India’s manufacturing ecosystem and aligns with the government's broader vision to promote innovation and entrepreneurship.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..