On May 07, 2025, the Department for Promotion of Industry and Internal Trade (DPIIT) and Hafele India Pvt. Ltd. signed a Memorandum of Understanding (MoU) in New Delhi to bolster India’s manufacturing and innovation ecosystem. This development, crucial for competitive exam aspirants, aims to empower product startups, MSMEs, and entrepreneurs, aligning with India’s vision of becoming a global manufacturing hub under the Make in India initiative.
Objectives of the MoU
Strengthening Manufacturing Ecosystem
The MoU reflects a shared commitment to building resilient local supply chains and fostering entrepreneurship. Hafele will drive initiatives focused on product innovation, local sourcing, and integration into global value chains through targeted investments and mentorship.
Hafele’s Support for Startups and MSMEs
Access to Resources and Markets
Hafele will provide startups and MSMEs with access to infrastructure, supplier development opportunities, technical collaboration, and market access. The company has already invested over USD 2.5 million in an Indian appliance manufacturing startup and issued purchase orders to Indian MSME manufacturers of architectural hardware and furniture fittings.
Investment and Mentorship
Through this partnership, Hafele aims to deepen its engagement with Indian entrepreneurs by offering mentorship and facilitating their integration into global supply chains, enhancing their competitiveness on a global stage.
DPIIT’s Role in Ecosystem Development
Startup India Facilitation
DPIIT will leverage the Startup India platform to connect startups with relevant programs, enable participation in ecosystem initiatives, and support co-branding efforts. This will provide a structured framework for startups and MSMEs to access resources and opportunities.
Statements from Key Stakeholders
DPIIT’s Vision
Shri Sanjiv, Joint Secretary, DPIIT, stated, “The partnership with Häfele India exemplifies our approach of fostering collaborative industrial ecosystems. It brings together global best practices and local entrepreneurial energy to drive sustainable manufacturing growth aligned with the Make in India vision.”
Hafele’s Commitment
Frank Schloeder, Managing Director – South Asia, Häfele, remarked, “At Häfele, we believe that India’s innovation and manufacturing potential is unmatched. Through this MoU, we are excited to deepen our engagement with Indian entrepreneurs and startups and work together toward the vision of ‘India for India’ today and ‘India for the World’ tomorrow.”
Details of the MoU
Signatories and Duration
The MoU was signed by Dr. Sumeet Jarangal, Director, DPIIT, and Mr. Frank Schloeder, Managing Director – South Asia, Hafele India, in the presence of senior officials. It will remain in effect for two years, with the possibility of extension based on mutual agreement.
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