ADVERTISEMENT

DPIIT Signs Pact With Ather Energy To Strengthen EV Manufacturing

The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked an initial pact with electric vehicle maker Ather Energy with an aim to provide new opportunities for startups in the EV and manufacturing space.

<div class="paragraphs"><p>The MoU will focus on providing strategic mentorship for deep-tech startups, infrastructure support for startups in the EV value chain. (Photo: Unsplash)</p></div>
The MoU will focus on providing strategic mentorship for deep-tech startups, infrastructure support for startups in the EV value chain. (Photo: Unsplash)

The Department for Promotion of Industry and Internal Trade on Tuesday said it has inked an initial pact with electric vehicle maker Ather Energy with an aim to provide new opportunities for startups in the EV and manufacturing spaces. DPIIT and Ather Energy have signed a Memorandum of Understanding to this effect.

The MoU will focus on providing strategic mentorship for deep-tech startups, infrastructure support for startups in the EV value chain.

"Through this partnership with Ather Energy, we aim to catalyse the development of an enabling environment where startups can contribute meaningfully to EV manufacturing, battery innovation, and clean energy solutions," DPIIT Joint Secretary Sanjiv Singh said.

Opinion
Ashok Leyland, Ather Energy, Bharat Forge — HDFC Securities Top Stock Pick In Auto Sector; Q1 Results Preview
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit