The Atmanirbhar Bharat Centre of Design (ABCD) is an initiative by the National Institute of Design (NID) in collaboration with the Indian government's Department for Promotion of Industry and Internal Trade (DPIIT). The ABCD aims to promote design innovation and entrepreneurship in India by providing a platform for designers and entrepreneurs to collaborate and create innovative products and services.

The ABCD is sponsored by the State Bank of India (SBI), which is the largest bank in India and a major player in the Indian financial sector. The SBI has a long history of supporting and promoting entrepreneurship and innovation in India. Through its various initiatives, the bank has provided funding and support to startups, small and medium-sized enterprises (SMEs), and other businesses in the country.

The SBI's sponsorship of the ABCD is part of its commitment to supporting the Indian government's Atmanirbhar Bharat (self-reliant India) initiative, which aims to promote local manufacturing, innovation, and entrepreneurship. The ABCD is expected to play a key role in achieving this objective by providing a platform for designers and entrepreneurs to develop innovative products and services that cater to the needs of the Indian market.

As a sponsor of the ABCD, the SBI will provide funding and support to the initiative, which includes setting up a dedicated fund for design innovation and entrepreneurship. The bank will also provide mentorship and guidance to designers and entrepreneurs who participate in the initiative, helping them to develop their ideas and bring them to market.

In conclusion, the Atmanirbhar Bharat Centre of Design (ABCD) is an initiative that aims to promote design innovation and entrepreneurship in India. The initiative is sponsored by the State Bank of India (SBI), which is the largest bank in India and a major player in the Indian financial sector. The SBI's sponsorship of the ABCD is part of its commitment to supporting the Indian government's Atmanirbhar Bharat initiative, and the bank will provide funding, mentorship, and support to designers and entrepreneurs who participate in the initiative.