DPIIT, Primus Partners Unite To Strengthen Startup Ecosystem
ECONOMY & POLICY

DPIIT, Primus Partners Unite To Strengthen Startup Ecosystem

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Primus Partners Pvt Ltd. to enhance cooperation in strengthening India’s startup and innovation ecosystem.

The partnership aims to provide deeper support to early-stage and growth-stage product startups through structured capacity-building initiatives, expert mentorship, market access programmes, policy awareness drives, and facilitation of technology integration.

Speaking at the signing, Shri Sanjiv, Joint Secretary, DPIIT, said, “This collaboration reaffirms DPIIT’s commitment to fostering an innovation-led economy that thrives on creativity, technology, and enterprise. India’s startup ecosystem today stands at the cusp of global transformation. By strengthening linkages between policy, industry, and innovation, we aim to create pathways that empower startups to drive sustainable growth, job creation, and India’s emergence as a global innovation powerhouse.”

Shri Davinder Sandhu, Co-Founder and Chairman, Primus Partners, noted that the partnership would enable structured engagement with the startup community through mentoring, knowledge sharing, and industry collaborations. He added that such initiatives will help build a strong, innovation-friendly environment that nurtures entrepreneurship across the country.

The MoU highlights DPIIT’s ongoing focus on encouraging industry-led engagement to develop India’s startup ecosystem, promoting innovation, self-reliance, and inclusive economic growth.

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Primus Partners Pvt Ltd. to enhance cooperation in strengthening India’s startup and innovation ecosystem. The partnership aims to provide deeper support to early-stage and growth-stage product startups through structured capacity-building initiatives, expert mentorship, market access programmes, policy awareness drives, and facilitation of technology integration. Speaking at the signing, Shri Sanjiv, Joint Secretary, DPIIT, said, “This collaboration reaffirms DPIIT’s commitment to fostering an innovation-led economy that thrives on creativity, technology, and enterprise. India’s startup ecosystem today stands at the cusp of global transformation. By strengthening linkages between policy, industry, and innovation, we aim to create pathways that empower startups to drive sustainable growth, job creation, and India’s emergence as a global innovation powerhouse.” Shri Davinder Sandhu, Co-Founder and Chairman, Primus Partners, noted that the partnership would enable structured engagement with the startup community through mentoring, knowledge sharing, and industry collaborations. He added that such initiatives will help build a strong, innovation-friendly environment that nurtures entrepreneurship across the country. The MoU highlights DPIIT’s ongoing focus on encouraging industry-led engagement to develop India’s startup ecosystem, promoting innovation, self-reliance, and inclusive economic growth.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement