Maruti Suzuki India Limited Signs MoU with DPIIT
Maruti Suzuki India Limited enters into a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to foster and assist startups in creating technology-focused solutions for automobile manufacturing and mobility. The company stated that start-ups acknowledged by DPIIT under the 'Startup India' scheme will have the chance to engage in Maruti Suzuki's innovation initiatives.
Once chosen, this would support startups with professional guidance, market knowledge, and entry to Maruti Suzuki's broad network and facilities, acting as a vital test environment for thorough validation of their solutions.
Moreover, this would offer a means for the start-up to link with incubators, accelerators, and investors to present their solutions.
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"India boasts a dynamic and expanding startup environment. By collaborating with DPIIT, we can enhance our initiatives to assist promising startups in developing technology-driven solutions in the automobile manufacturing and mobility sectors," says Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India Limited.
"This partnership advances our dedication to the Government's 'Startup India' and 'Make in India' programs. “We appreciate DPIIT for collaborating with us on this project,” says Rahul.
The MoU was signed between DPIIT and Maruti Suzuki in the presence of Shri Sanjiv, Joint Secretary of DPIIT, Anjali Bansal, Independent Director at Maruti Suzuki, Sunil Kakkar, Corporate Planning Director of Maruti Suzuki, Rahul Bharti, Senior Executive Officer of Corporate Affairs at Maruti Suzuki, and Dr. Tapan Sahoo, Executive Officer of Digital Enterprise at Maruti Suzuki.
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"This MoU represents a significant move towards establishing a strong platform for startups to convert ideas into market-ready solutions in mobility and manufacturing, bolstering India's position in next-generation industrial innovation," states Sanjiv, Joint Secretary, DPIIT.