The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding with Ather Energy, a leading electric vehicle manufacturer and competitor to Ola Electric. This partnership aims to accelerate India’s progress in clean mobility and advanced manufacturing.
This collaboration is part of the Build in Bharat initiative led by the Startup Policy Forum, a coalition of over 50 startups focused on innovation. The agreement outlines several key focus areas such as strategic mentorship for deeptech startups, infrastructure support for companies in the EV value chain, and joint innovation programs including the Bharat Startup Grand Challenge.
Additionally, the partnership will support co-hosted talent development initiatives, on-ground exposure visits, and participation in major startup events like Startup Mahakumbh.
The MoU was signed in the presence of Sanjiv Singh, Joint Secretary at DPIIT, and Tarun Mehta, Co-founder and CEO of Ather Energy.
Sanjiv Singh said, “The electric mobility sector in India is entering a transformative phase. 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.”
Tarun Mehta added, “We are happy to collaborate with DPIIT to strengthen support systems for hardware and deep-tech startups. With policy support and stronger industry participation, this initiative can help founders tackle core technology challenges and scale high-quality products from India.”
Shweta Rajpal Kohli, President and CEO of the Startup Policy Forum, said, “This partnership between DPIIT and Ather Energy brings to life the Startup Policy Forum’s Build in Bharat initiative. Unlocking the potential of India’s manufacturing sector through collaboration is key to building a globally competitive innovation ecosystem.”
The initiative is expected to support India’s shift toward sustainable transportation and create a more supportive environment for manufacturing-focused startups.
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