DPIIT Partners with JK Cement to Support Product Startups, Innovators, and Entrepreneurs



  • DPIIT
    joins
    Hands
    with
    JK
    Cement
    to
    prop
    up
    Product
    Startups,
    Innovators,
    And
    Entrepreneurs



  • A
    Step
    Forward
    to
    Boost
    Manufacturing
    Sector
    towards
    Innovation
    and
    Global
    Leadership



A
Memorandum
of
Understanding
(MoU)
has
been
signed
between
the
Department
for
Promotion
of
Industry
and
Internal
Trade
(DPIIT),
Ministry
of
Commerce
&
Industry
and
JK
Cement,
a
leading
manufacturer
of
grey
and
white
Cement,
to
usher
innovation,
empower
entrepreneurs,
and
strengthen
India’s
manufacturing
ecosystem.




DPIIT
join
Hands
with
JK
Cement




According
to
DPIIT,
this
strategic
collaboration
aims
to
transform
India
into
a
global
manufacturing
hub
by
nurturing
product
startups,
innovators,
and
entrepreneurs.
The
partnership
will
enable
access
to
cutting-edge
infrastructure,
state-of-the-art
manufacturing
and
R&D
facilities,
mentorship
opportunities,
pilot
projects,
and
university
resources
under
JK
Cement. 



 




(L
to
R)
Mr
.
Madhavkrishna
Singhania,
Joint
Managing
Director
&
CEO,
JK
Cement,
Dr.
Sumeet
Kumar
Jaranga,
Director,
Startup
India
and
Mr.
Sanjiv
Singh,
Joint
Secretary,
DPIIT




Terming
this
MoU
as
a
Startup
friendly
initiative,
Mr.
Sanjiv
Singh,
Joint
Secretary,
DPIIT,
said
that
it
is
a
right
step
in
the
direction
of
creating
synergies
with
JK
Cement
to
build
a
conducive
environment
for
startups
and
innovators. 




Adding
further
Mr.
Singh
said
this
much
needed
endeavour
will
immensely
help
the
budding
entrepreneurs
to
scale
new
heights
through
this
collaboration,
will
eventually
transform
innovative
ideas
into
impactful
solutions
thus
emerging
India
as
a
global
leader
in
the
arena
of
manufacturing
and
innovation. 




Outlining
the
essence
of
this
strategic
alliance,
Director
Startup
India,
Dr.
Sumeet
Kumar
Jarangal
revealed
that
this
pro-startup
initiative
seeks
to
accelerate
entrepreneurship,
create
viable
solutions
and
drive
sustainable
development
by
supporting
atleast
10
startups
and
entrepreneurs
over
the
next
one
year. 




Reiterating
JK
Cement’s
commitment,

Mr.
Madhavkrishna
Singhania,
Joint
Managing
Director
&
CEO,
JK
Cement
Ltd
,
said
Partnering
with
DPIIT
reflects
our
unwavering
commitment
to
nation-building.
Together,
we
aim
to
cultivate
a
dynamic
and
competitive
manufacturing
ecosystem,
driving
India’s
ambition
of
becoming
a
self-reliant
and
innovation-led
economy.
This
collaboration
will
ensure
that
India’s
manufacturing
ecosystem
reaches
unprecedented
heights,
fostering
economic
prosperity
and
technological
advancement.




DPIIT
and
JK
Cement
envision
a
future
where
India
stands
as
a
global
leader
in
manufacturing,
characterized
by
innovation,
sustainability,
and
economic
resilience.
By
investing
in
the
growth
and
development
of
startups,
this
partnership
is
set
to
create
a
robust
foundation
for
long-term
national
progress
and
self-reliance.




About
JK
Cement

JK
Cement
Ltd.
is
among
India’s
top
manufacturers
of
grey
and
white
cement
and
home-building
solutions
globally.
For
over
five
decades,
JK
Cement
has
contributed
to
India’s
infrastructure
through
product
quality,
customer
focus,
and
technology
leadership,
beginning
with
its
flagship
grey
cement
unit
in
Nimbahera,
Rajasthan,
in
May
1975.




The
company’s
grey
cement
capacity
is
24.2
MTPA,
making
it
a
leading
manufacturer
with
a
strong
presence
across
15
states,
especially
in
Rajasthan,
Uttar
Pradesh,
and
Madhya
Pradesh.
With
a
total
White
Cement
and
Wall
Putty
Capacity
of
3.05
MTPA,
JK
White
Cement
is
sold
in
36
countries
around
the
globe.
The
Company
has
a
strong
international
presence
with
two
subsidiaries,
JK
Cement
Works
Fujairah
FZC
and
JK
White
Cement
(Africa)
Ltd. 




In
2023,
JK
Cement
launched
JK
Maxx
Paints,
offering
wall,
wood,
and
metal
finishes.
In
the
same
year,
JKCement
expanded
into
construction
chemicals
with
JK
Profix,
a
waterproofing
line,
and
also
entered
the
Ready-Mix
Concrete
segment
with
JK
Super
Concrete,
serving
Delhi
NCR
and
set
for
nationwide
growth.