The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Häfele India to boost India’s manufacturing ecosystem and foster innovation-led growth among startups, MSMEs, and entrepreneurs.
The MoU, formalised on 7 May 2025 in New Delhi, outlines a strategic collaboration aimed at enhancing product innovation, increasing local sourcing, and enabling Indian businesses to integrate into global value chains. The partnership aligns with the government’s broader ‘Make in India’ vision and ambition to transform India into a global manufacturing hub.
As part of the agreement, Häfele India will provide targeted investments, mentorship, and access to global markets. The company has already committed over USD 2.5 million to an Indian appliance manufacturing startup and issued purchase orders to Indian MSME manufacturers of architectural hardware and furniture fittings.
DPIIT will support the initiative by facilitating ecosystem access through its flagship Startup India programme, enabling deeper engagement for entrepreneurs, including access to programmes, co-branded initiatives, and networking opportunities.
Speaking on the occasion, Sanjiv, Joint Secretary, DPIIT, said, “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.”
Frank Schloeder, Managing Director – South Asia, Häfele, echoed the sentiment, stating, “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.”
The MoU, signed by Dr. Sumeet Jarangal, Director, DPIIT, and Mr. Frank Schloeder, will remain in effect for two years, with provisions for extension upon mutual agreement. The agreement marks a significant step in reinforcing India’s innovation capabilities and self-reliant manufacturing ambitions. Courtesy: https://www.businessworld.in/article/dpiit-hafele-india-ink-mou-to-drive-manufacturing-innovation-556190