CE-MAT 2025

DPIIT signs MoU with HDFC Capital Advisors Ltd

This strategic collaboration reinforces DPIIT’s commitment to building an inclusive, innovation-driven startup ecosystem aligned with the goals of Atmanirbhar Bharat and Viksit Bharat@2047.

DPIIT signs MoU with HDFC Capital Advisors Ltd
DPIIT signs MoU with HDFC Capital Advisors Ltd

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, signed a Memorandum of Understanding (MoU) with HDFC Capital Advisors Limited to strengthen the innovation and support startups in the affordable housing and PropTech sectors.

This strategic collaboration reinforces DPIIT’s commitment to building an inclusive, innovation-driven startup ecosystem aligned with the goals of Atmanirbhar Bharat and Viksit Bharat@2047.

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The main objective of the partnership is the H@ART Programme (HDFC Affordable Real Estate and Technology Programme), an initiative launched by HDFC Capital to enhance efficiency and reduce costs across the residential real estate development cycle.

The programme aims to facilitate growth opportunities through linkages with the affordable housing developer ecosystem, strategic investments in emerging PropTech companies, and mentorship in collaboration with accelerators, academic institutions, and investors.

The MoU was formally signed by Director, DPIIT, Mohammad Isharar Ali and Managing Director and CEO, HDFC Capital Advisors Limited, Vipul Roongta, in the presence of senior officials from both organisations.

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