DPIIT and Mercedes-Benz India signed an MoU

Current Context: On March 6, 2025, the Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India Private Limited signed a Memorandum of Understanding (MoU) in New Delhi.

• Aim: To advance India's manufacturing ecosystem, promote road safety, and enhance environmental sustainability.

Key Highlights:

• Support for startups through mentorship, infrastructure, funding access, and market linkages.
• Focus on industry-academia collaboration to foster innovation.
• Promotion of responsible and sustainable innovations for societal development.

Question:

Q.1 What is the primary aim of the MoU signed between DPIIT and Mercedes-Benz India Private Limited on March 6, 2025?
a) To promote electric vehicle adoption in India
b) To advance India's manufacturing ecosystem, road safety, and environmental sustainability
c) To establish Mercedes-Benz manufacturing plants in all Indian states
d) To introduce tax benefits for automobile manufacturers

Answer: b) The MoU between DPIIT and Mercedes-Benz India focuses on enhancing India's manufacturing capabilities, promoting road safety, and supporting environmental sustainability, rather than solely focusing on electric vehicles or tax benefits.