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Pravriddhi integrates market research, technology partnerships, strategic partner selection, product support, investment facilitation, structured development frameworks, and a strong development environment to foster innovation, streamline product development, and enable successful commercialization.
01
Focused Market Research
Comprehensive market research is carried out to identify industry gaps, emerging trends, and specific sector needs. Products are grouped into thematic cohorts based on technological requirements and market demands, ensuring that development efforts are focused on market driven solutions.
02
Technology Mentoring
Through strategic collaborations with academic institutions and industry experts, Pravriddhi ensures that product development is supported by the specific expertise from the leading SMEs / Academia and is aligned with market needs and regulatory requirements.
03
Partner Selection
Pravriddhi focuses on selecting the right industry partners with complementary technical expertise, financial stability, and strategic alignment. Partners are carefully matched to products based on technological strength, market reach, and shared business goals to ensure successful development and commercialization.
04
Product Support System
The program offers robust support to partners, providing infrastructure, training, and the know-how to enhance their capabilities. Continuous support throughout the product lifecycle ensures smooth execution and high-quality product outcomes.
05
Investment Catalysis
Pravriddhi actively facilitates investment from government, private capital, industry, and alternative funding sources. The program encourages strategic collaborations, sharing risks and rewards, to fuel product development and foster long-term growth.
06
NPD Framework
The program adopts structured frameworks like stage-gate processes to ensure systematic product development. Cross-functional collaboration across R&D, marketing, finance, and operations ensures alignment with market needs and efficient project execution.
07
Development Environment
Pravriddhi creates an optimized development environment with advanced software tools, project management platforms, and continuous skilling opportunities. This infrastructure supports efficient product development, team collaboration, and up-to-date industry knowledge.
→ Current Programs
SamridDHI” is a Ministry of Heavy Industries initiative to boost competitiveness in India’s Capital Goods Sector. The program focuses on technology-driven new product development in Industrial Machinery, particularly Rotating Machinery, collaborating with eight Indian companies over 2.5 years to achieve global competitiveness and localization. This effort aims to reduce import dependency, create jobs, promote exports, and nurture intellectual property. The program is poised to deliver 8 new products, up to 30 Intellectual Property rights and a VR skilling platform by the end of the program.
→ Upcoming Programs
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Select Energy, Machine Tools and Precision Equipment
The Pravriddhi_24_01_ aims to empower industry partners within the Product Accelerator Cohort to innovate, prototype, and pilot cutting-edge products across key sectors. These include Energy Infrastructure, advanced manufacturing applications, Remote Power Generators, EV Charging Station Modules, Hydrogen Electrolyser Market solutions, Hybrid additive/subtractive manufacturing modules for CNC machine tool integration, and 4D Profilometers. The program will provide a platform for developing transformative technologies that address the evolving needs of these industries.
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Development of Traction Motor Platforms for Electric Vehicles
Pravriddhi_24_02 aims at the domestic design, development and manufacturing facilities in India for development of traction motor platforms for Electric Vehicles. The program focuses on Electric drive trains with electric motors & drive controllers, Electric Vehicle Charging infrastructure with options of charging from AC and DC in various voltage/ current levels, Telematics, Data Analytics, Remote Monitoring and Diagnostics.
