Build in Bharat initiative: Ather Energy inks MoU with DPIIT to mentor startups, support EV infrastructure

India’s leading EV two-wheeler brand Ather inked an MoU with the Department for Promotion of Industry and Internal Trade (DPIIT) to mentor dep-tech startups and provide support for infrastructure in the EV value chain, the Ministry of Commerce and Industry announced.

This Memorandum of Understanding comes under the ‘Build in Bharat’ initiative led by the Startup Policy Forum (SPF), a coalition of over 50 innovation-focused startups.

The initiative, signed as an MoU in the presence of DPIIT Joint Secretary Sanjiv Singh and Ather Energy CEO Tarun Mehta, is “expected to support India’s transition towards sustainable transport and create a more enabling environment for manufacturing-oriented startups.”

DPIIT Joint Secretary Singh said, “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.”

With policy support and stronger industry participation, this initiative can help founders tackle core technology challenges and scale high-quality products from India,” pitched in Mehta of Ather Energy.

According to the Union Commerce Ministry, “This collaboration is expected to provide new opportunities for startups in the EV and manufacturing space, contributing to a future-ready and self-reliant startup ecosystem aligned with India’s climate and industrial goals.”

Since its listing, Ather Energy stock has climbed nearly 13 per cent on the National Stock Exchange. 

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