Current Affairs - Business - Discussion

Hafele India has entered into a strategic partnership with the Department for Promotion of Industry and Internal Trade (DPIIT) to support India’s manufacturing and innovation efforts. As part of this collaboration, Hafele India has committed over USD 2.5 million to assist Indian startups and MSMEs, providing crucial support in terms of infrastructure and access to markets. DPIIT, in turn, will help facilitate connections between Hafele India and promising startups through the Startup India initiative. This partnership aims to create a thriving ecosystem for innovation and local manufacturing, ultimately contributing to the country’s economic growth.