DPIIT (formerly DIPP) Recognition is granted by the Department for Promotion of Industry and Internal Trade to startups in India. It provides benefits like tax exemptions, fast-tracked patent applications, and access to government funding opportunities. Startups must meet eligibility criteria, such as being less than 10 years old and having a turnover below ₹100 crores. This recognition encourages innovation and growth, fostering an ecosystem where startups can thrive and contribute to the Indian economy.
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