With which automobile manufacturer has Department for Promotion of Industry and Internal Trade (DPIIT) signed an MoU to drive innovation, sustainability, and road safety in India?

The correct answer is Mercedes-Benz India.

In News

• DPIIT has signed an MoU with Mercedes-Benz India to advance India’s manufacturing ecosystem, road safety, and environmental sustainability.

Key Points

• The partnership focuses on creating programs for startups, providing mentorship, infrastructure, and funding opportunities.
• Mercedes-Benz India will contribute through CSR funding and collaborate with incubators to drive societal impact.
• The collaboration aims to enhance manufacturing capabilities and foster responsible, sustainable innovations in India.
• The MoU was signed in the presence of key officials from DPIIT and Mercedes-Benz India.

Additional Information

• DPIIT
  • The Department for Promotion of Industry and Internal Trade (DPIIT) is a government body responsible for formulating policies to promote industrial growth in India.
  • DPIIT focuses on improving India’s manufacturing ecosystem, fostering innovation, and promoting entrepreneurship.
• Mercedes-Benz India
  • Mercedes-Benz India is a leading luxury automobile manufacturer in India, known for its commitment to innovation, sustainability, and safety.
  • The company focuses on driving advancements in road safety, environmental sustainability, and manufacturing practices.
• Corporate Social Responsibility (CSR)
  • CSR is a corporate initiative to assess and take responsibility for the company's effects on environmental and social wellbeing.
  • Mercedes-Benz India is using CSR funding to support social initiatives, including those aimed at promoting technological innovation and sustainability.
• Innovation and Sustainability
  • The MoU’s focus on innovation includes creating infrastructure and mentorship opportunities for startups, fostering growth and technological advancements in India.
  • Sustainability efforts include reducing environmental impact and promoting responsible manufacturing practices within India’s industrial sectors.