In March 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry (MoC&I) signed a Memorandum of Understanding (MoU) with Voltas Limited, a Tata Enterprise, to promote collaboration between industry and start-ups in the cooling and smart appliance ecosystem.
- The MoU was signed by Sumeet Kumar Jarangal, Director at DPIIT, and Mukundan Menon, Managing Director of Voltas Limited, in New Delhi, Delhi.
About Industry–Start-up collaboration:
Focus Areas:The partnership targets technologies in Heating, Ventilation and Air Conditioning (HVAC), advanced control systems, power electronics, Artificial Intelligence (AI) and Machine Learning(ML) diagnostics, Internet of Things (IoT)-enabled appliances, and manufacturing digitalisation.
Initiatives: Startup India initiative under DPIIT and Voltas will organise ‘Bharat Startup Grand Challenge(BSGC) innovation challenges’ and hackathons addressing industry problems.
Support and PoC:Selected start-ups will receive mentorship, technical guidance, testing infrastructure access, and market linkages, and may participate in Proof-of-Concept (PoC) programmes and field trials with Voltas engineering teams.
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