Foundation for Innovation and Technology Transfer (FITT), an Industry Interface of the Indian Institute of Technology Delhi handholds Startups by offering Technological Support, Mentoring Support, Network Support, and Financial Support. FITT-IIT Delhi is building trust in the ecosystem and is supported by various ministries and departments of the Government of India to provide access to capital and network to support Deep-tech Startups.
Leading Corporates working extensively in building the nation sustainable & future-ready are collaborating with FITT-IIT Delhi to launch innovation challenges to solve problems that will encourage entrepreneurship and support young and dynamic startups with mentorship and capital to build pioneering solutions.
Ministry of Electronics & Information Technology (MeitY), Government of India is leading and facilitating a gamut of Innovation and IPR related activities across the country towards expansion of this ecosystem. In order to facilitate MeitY’s vision of promoting technology innovation, start-ups and creation of Intellectual Properties..., a nodal entity called ‘MeitY Start-up Hub’ (MSH) has been setup under its aegis. MSH will act as a national coordination, facilitation and monitoring centre that will integrate all the incubation centres, start-ups and innovation related activities of MeitY.
The Department of Science and Technology (DST) was founded in May 1971 with the goal of promoting new areas of science and technology, with a focus on emerging fields like research and development. This was done through its research institutions or laboratories for the development of indigenous technologies concerning biofuel production, processing, standardization, and... applications, in coordination with the relevant Ministry or Department and research and development activities. Additionally, DST offers assistance and support to scientific associations, bodies, and research institutions.
The Department of Biotechnology (DBT), Government of India, established BIRAC as an industry-academia interface. BIRAC carries out its mandate through a wide range of impact initiatives, including providing access to risk capital through targeted funding, technology transfer, IP management, and handholding programs that help biotech firms achieve innovation excellence and become globally ...competitive. Fostering entrepreneurship and innovation is its main goal. Encourage accessible innovation in important societal sectors, give start-ups and small and medium-sized businesses more power, bolster innovation and capability through partnerships, enable commercialization of discoveries, and boost Indian businesses' competitiveness abroad.
Invest India is the national investment promotion and facilitation agency of India. It serves as a starting point for investors in India and offers comprehensive support for both domestic and foreign investments. Investors can find information, advice, and support from Invest India in a variety of areas, including market analysis, policy and regulations, and ... investment opportunities. To obtain clearances and approvals, Invest India works in conjunction with numerous federal and state agencies. To draw in foreign investors, Invest India is also in charge of promoting India as a global investment destination and planning roadshows and delegations. All things considered, Invest India is crucial to promoting and facilitating investment in India.
The Ministry of Micro, Small, and Medium Enterprises is the apex executive body for the formulation and administration of rules, regulations, and laws relating to micro, small and medium enterprises in India. This promotes the adequate flow of credit from financial institutions/banks; support for technology upgradation and modernization; integrated infrastructural facilities; modern testing facilities... and quality certification; access to modern management practices; entrepreneurship development and skill upgradation through appropriate training facilities; support for product development, design intervention and packaging; the welfare of artisans and workers; assistance for better access to domestic and export markets and cluster-wise measures to promote capacity-building and empowerment of the units and their collectives.
The Ministry of Defence and Department of Defence Production support the Defence Innovation Organization's mission of innovation for excellence in defence. It was established with the goal of establishing an ecosystem that would promote innovation and technological advancement in the defence and aerospace sectors by enlisting entrepreneurs and innovators to provide cutting-edge solutions for modernizing the Indian military.... DIO's iDEX will work with a variety of industries, including MSMEs, start-ups, individual innovators, R& D institutes, and academia, and will offer grants, funding, and other forms of assistance so they can carry out R&D that has a good chance of being used in the future to meet Indian defence and aerospace needs.
Samsung is a multinational electronics corporation with its headquarters in Seoul. One of the biggest chaebols in South Korea, it manufactures a variety of electronics, appliances, and mobile devices. The company is well known for making semiconductors, TVs, home appliances, and smartphones. In addition, Samsung works in the petrochemical, shipbuilding, and construction sectors. Samsung also... promotes entrepreneurship through its global CSR program Solve for Tomorrow in almost 25 countries. It has operations in more than 80 nations and has about 300,000 employees all over the world.
Sona Comstar is an Indian company that is focused on producing automotive gears and transmission systems. Its headquarters are in Chennai, India, and it was established in 1994. One of India's top producers of gears and transmission systems for both automotive and non-automotive applications, the business is a joint venture between the Sona Group and Comstar Automotive Technologies. Major original equipment manufacturers (OEMs)... in India and around the world rely on them for a wide range of products, including gears, shafts, synchronizers, and other transmission components. Both a manufacturing facility and a research and development facility are in Chennai, India, for Sona Comstar. The business is very committed to advancing sustainable mobility through several innovation initiatives.
The multinational pharmaceutical company Pfizer is based in the United States. It has its headquarters in New York City and is one of the biggest pharmaceutical companies in the world. Charles Pfizer and Charles Erhart founded the business in 1849, and it has since grown to become one of the biggest pharmaceutical corporations in the world. Pfizer is well known for creating a variety of medications and vaccines, such as Lipitor and... the COVID-19 vaccine created in collaboration with BioNTech. The company employs about 100,000 people worldwide and conducts business in more than 190 countries. The primary areas of focus for Pfizer's research and development activities are the creation of novel therapies for cancer, inflammation, and rare diseases. The business is also engaged in the development of fresh vaccines for the treatment and prevention of infectious diseases.
Engineers India Limited (EIL) is a state-owned engineering and construction company in India. Its main office is in New Delhi, where it was established in 1965. The business offers engineering, procurement, and construction services for the petrochemical, infrastructure, and oil and gas industries. EIL is involved in many different projects, such as power plants, pipelines, oil and gas terminals, and complexes for petrochemical... and refinery production. Additionally, the business offers technology licensing services and project management consulting services. The United States, Canada, the United Kingdom, and the United Arab Emirates are just a few of the nations where EIL has offices and subsidiaries. The business places a high priority on sustainability and has put in place a number of eco-friendly programs.
ReNew Power is a leading independent power producer in India. It was established in 2011 and has its main office in New Delhi. The business specializes in the development, building, and management of renewable energy projects, such as waste-to-energy and wind projects. ReNew Power is one of the biggest renewable energy companies in India, with a portfolio of over 10 GW of projects. The business is dedicated to lowering the reliance of... the nation on fossil fuels and is making efforts to increase the proportion of renewable energy in the nation's power mix. ReNew Power is accredited with the standard for environmental management and places a strong emphasis on sustainability.
Boeing is an American multinational company that develops, produces, and markets aircraft, helicopters, rockets, satellites, and missiles on a global scale. William Boeing established the business in 1916, and it has its corporate headquarters in Chicago, Illinois. Boeing is the biggest manufacturer of aircraft in the world, famous for its military aircraft like the F-15 and F/A-18 fighter jets as well as commercial aircraft like the... 737, 747, 767, and 777. In addition to developing and manufacturing satellites, the company also offers aftermarket support services for its goods. Boeing has a dedicated research and development division and places a strong emphasis on innovation and technology. The business also takes part in a number of philanthropic, community service, and entrepreneurial projects.
Meta Company is a technology company that specializes in virtual reality and augmented reality. It was established in 2012, and its main office is in San Mateo, California. The business develops and produces a variety of augmented reality and virtual reality products, such as the Meta 2 AR headset that enables users to interact with digital content in a simple and natural way. Additionally, Meta offers software development kits (SDKs) and... tools so that programmers can make their own AR and VR applications. The business places a priority on research and development and keeps pushing the limits of what is conceivable about AR and VR technology. In addition, Meta has a strong group of engineers, designers, and researchers from top colleges and businesses who are collaborating to develop the next wave of computing platforms.
Grid Controller of India Limited (GCIL) is a public sector enterprise under the Ministry of Power, Government of India. It oversees making sure that India's power transmission system is secure and reliable. The national and regional power grids, which transmit electricity from power generating stations... to distribution companies and end users, are operated and maintained by GCIL. Additionally, it oversees the distribution of power between regions and the equilibrium of supply and demand. GCIL also works to improve the effectiveness and dependability of the power transmission system and is a key player in the implementation of India's power sector reforms. State transmission utilities and other power sector companies can also get technical support and consulting services from GCIL as part of its mandate.
DS Group is an Indian conglomerate company founded in 1929, based in Delhi. The company works in several sectors, including infrastructure, tobacco, consumer goods, and hospitality. Popular consumer brands like Catch, Pass Pass, Baba, Rajnigandha, and Pulse are among the company's well-known ones. Additionally, the business runs a chain of accommodations known as "The Gateway Hotel," and it also has an infrastructure division that works on building and engineering... projects. With its "Catch" brand of spices, sauces, and snacks, the company is a major player in the packaged foods market in India. The company's vision is to establish a strong Indian multinational with a global footprint.
The Indian Institute of Technology Delhi Endowment Fund (IITDEF) is a fundraising initiative established to support the academic and research programs of IIT Delhi. The endowment fund's main goals are to support the creation of new initiatives and programs as well as to give the institute long-term financial stability. A board of trustees oversees the management of the fund, choosing investments and allocating funds to various initiatives. Donations to the endowment fund may ...be made in the form of money, securities, or real estate and are tax deductible. The IITDEF's mission is to safeguard the institute's future by creating a solid and long-lasting endowment.
HDFC (Housing Development Finance Corporation Limited) is one of the largest housing finance companies in India. Its main office is in Mumbai, where it was established in 1977. Home loans, personal loans, auto loans, and commercial vehicle financing are just a few of the financial goods and services offered by HDFC. Additionally, it provides a range of deposit options, including fixed deposits and recurring deposits. The business uses a network of branches in addition to online and mobile banking... as well as other digital channels. Publicly traded HDFC is listed on both the Bombay Stock Exchange and the National Stock Exchange. It ranks among India's most valuable financial institutions.
Quality Needles Private Limited manufactures healthcare products. The company manufactures and distributes a variety of channel-type drilled end, eyed, and specialty needles for sternum closer, ...cardio-vascular surgery, endoscopy, neurosurgery, and ophthalmology.
The United States Agency for International Development (USAID) is an independent agency of the United States federal government that is responsible for administering civilian foreign aid and development assistance. USAID was established in 1961 by Executive Order with the goal of advancing American security and prosperity while "ending extreme poverty and promoting resilient, democratic societies." By providing... funding, technical support, and expertise to support economic growth, reduce poverty, advance democracy, and good governance, enhance global health, and support humanitarian assistance in nations all over the world, USAID works in partnership with organisations, the private sector, and governments to achieve its goals.
Exim Bank of India is a rare example of an institution whose concept and need for such an institution were debated for more than two decades before it was finally established in 1982. During the 1950s and early 1960s, Indian exports were dominated by primary commodities and traditional manufactured goods such as jute and cotton textiles. The dominant view was that, ... in India's case, domestic demand expansion alone could realistically serve as the engine for economic growth, because export expansion opportunities were limited and fundamental constraints to export growth existed. The manufacturing sector's ideology was to promote industrialization through import substitution. As a result, the export sector has been neglected, accounting for only a small portion of India's GDP.