DPIIT forms strategic partnership with HCLSoftware for India’s startup manufacturing revolution

Oct 26, 2024about 1 year ago

Contract Type

partnership

Noidainformation technology & services

Description

The Department for Promotion of Industry and Internal Trade (DPIIT) has formed a strategic alliance with HCLSoftware, a global leader in software solutions, as part of its Manufacturing Incubation Initiative. The collaboration aims to create a conducive environment for corporate houses to play a crucial role in incubating manufacturing startups, with a focus on developing Indian intellectual property and improving product quality.

Company Information

Company

HCLTech

Location

Noida, Uttar Pradesh, India

About

HCLTech is a global technology company, home to more than 221,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2023 totaled $12.9 billion. To learn how we can supercharge progress for you, visit hcltech.com.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months