New Delhi, March 24 -- In a significant push to strengthen India's manufacturing and innovation 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 a leading air conditioning company, aimed at supporting startups and entrepreneurs across the country.

According to a government release, the collaboration is designed to accelerate the growth of product-based startups, particularly in areas such as HVAC technologies, digital solutions, advanced manufacturing, and supply chain innovation. The initiative seeks to create a robust framework for industry-driven innovation by enabling startups to develop scalable and market-re...