DPIIT Signs MoU with Kyndryl to Support Indian Startups in Manufacturing and IT

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Government of India, has signed a Memorandum of Understanding (MoU) with Kyndryl Solutions Pvt. Ltd. to support the growth of startups in the manufacturing and IT sectors. The goal is to help early-stage companies build scalable digital solutions by offering technical and operational support.

Focus Areas and Target Sectors

The partnership will concentrate on sectors such as manufacturing, IT, automotive, pharmaceuticals, BFSI, oil & gas, and government services. Startups working in these areas will receive structured guidance on product development, cybersecurity, market readiness, and integration with enterprise systems.

Infrastructure and Market Access

As part of the agreement, Kyndryl will provide infrastructure support to startups to help them scale operations. The collaboration also includes mentorship and advisory sessions. These will cover areas such as digital transformation, generative AI, and cloud solutions. Startups will also be connected to potential customers, especially large enterprises, to help build market linkages.

Support Through Dedicated Programs

Kyndryl will design and implement dedicated programs for startups that are developing AI-based products or looking to deploy solutions at an enterprise level. This includes providing awareness about government incentives, helping with policy navigation, and preparing startups for global markets.

The MoU includes plans for industry workshops aimed at improving customer experience and operational processes. It also covers support for startups looking to expand beyond India, offering guidance on entering international markets.

Other DPIIT Collaborations

In a separate development, DPIIT has also partnered with Yes Bank to support startups through access to funding, financial services, and banking solutions. Through the bank’s HeadStartup programme, startups can access working capital and credit facilities to support their operational needs.

Conclusion 

The MoU with Kyndryl was signed by Dr. Sumeet Kumar Jarangal, Director at DPIIT, in the presence of senior officials from both organisations.

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