Which company has partnered with the Department for Promotion of Industry and Internal Trade to accelerate innovation and support India’s startup ecosystem in the manufacturing and IT sectors?

  1. Norsk Hydro
  2. Arca Continental
  3. Kyndryl Solutions
  4. Kongsberg Gruppen

Answer (Detailed Solution Below)

Option 3 : Kyndryl Solutions

Detailed Solution

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The correct answer is Kyndryl Solutions Pvt Ltd.

In News

  • DPIIT partners with Kyndryl Solutions Pvt Ltd to accelerate innovation in India’s manufacturing and IT startup ecosystem.

Key Points

  • The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an MoU with Kyndryl Solutions Pvt Ltd to support startups in India’s manufacturing and IT sectors.
  • The partnership focuses on providing mentorship, infrastructure support, and AI-driven growth opportunities to startups.
  • Kyndryl will leverage its expertise in digital transformation and Generative AI to empower startups and facilitate their growth.
  • Startups will receive access to market, policy insights, knowledge sharing, and government incentives as part of the collaboration.

Additional Information

  • Kyndryl
    • Kyndryl is a global leader in enterprise technology services, specializing in digital transformation, cloud computing, and AI solutions for businesses.
  • DPIIT
    • DPIIT is responsible for promoting industrial development, innovation, and trade across India, focusing on enhancing the startup ecosystem.
  • Startup India
    • Startup India is a government initiative to build a strong ecosystem for nurturing innovation and entrepreneurship in India.

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