DPIIT urges big corporates and unicorns to establish manufacturing startup incubators.

DPIIT outlines a plan to create and manage incubators, focusing on transforming manufacturing and facilitating technology transfers.

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Incubators offer innovation, cost efficiency, and market expansion for corporates, while providing startups with mentorship, infrastructure, and funding opportunities.

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The memo highlights various funding avenues for corporate incubators aiming to support incubation activities.

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The initiative aligns with the government's efforts to enhance the manufacturing sector's contribution to the economy.

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