Maruti Suzuki has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization (JETRO) to foster innovation and create business opportunities for startups in India and Japan. This collaboration aims to provide Indian startups access to Japan’s innovation ecosystem while enabling Japanese startups to explore opportunities in India.
Startups selected through Maruti Suzuki’s four innovation programs—Accelerator, Incubation, Mobility Challenge, and Nurture—will be eligible to participate in networking events and activities facilitated by this partnership. The initiative aligns with India's Make in India and Startup India programs, reinforcing cross-border innovation.
Hisashi Takeuchi, MD & CEO of Maruti Suzuki, emphasized that startups are key drivers of innovation and economic growth, and this MoU will help promising Indian startups explore the Japanese business landscape. Meanwhile, Takashi Suzuki, Chief Director General of JETRO India, highlighted that Maruti Suzuki exemplifies the successful partnership between India and Japan, and this collaboration will further strengthen business ties.
 |
This partnership could be particularly interesting given industry trends and strategic analysis.
Startups chosen through Maruti Suzuki’s four innovation programs:
Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “Startups are key drivers of innovation and economic growth. Through our multi-format innovation programs, we have been engaging with startups in India to co-create technology-driven solutions relevant to the automobile manufacturing and mobility space. We see great potential in Indian startups, and with this MoU with JETRO, we will be able to provide a platform for these promising startups to explore the Japanese business landscape.”
Mr. Takashi Suzuki, Chief Director General, JETRO India said, “Maruti Suzuki stands as one of the finest examples of the successful partnership between India and Japan. With this MoU, we are creating opportunities for even more fruitful business collaborations between our two nations. This MoU aims to foster innovation, drive economic growth, and further strengthen the deep-rooted ties between India and Japan.”
Maruti Suzuki’s Innovation Programs:
The Company, through the Maruti Suzuki Innovation programs, is proud to partner with the Government of India’s Startup India initiative. To spur innovation in the automotive space, the Company has built multiple programs - 1) Accelerator, 2) Incubation, 3) Mobility Challenge and 4) Nurture - that provide the right direction and support to startups in developing innovative solutions that help solve business and societal problems. In the journey of 6 years, over 5,000 startups have been screened, 150 startups were engaged and 25 of these startups have been onboarded as partners delivering value to our business.
About JETRO:
JETRO, or the Japan External Trade Organization, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential.
Startups chosen through Maruti Suzuki’s four innovation programs:
- Accelerator,
- Incubation,
- Mobility Challenge and
- Nurture, will be eligible to participate in these events.
Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “Startups are key drivers of innovation and economic growth. Through our multi-format innovation programs, we have been engaging with startups in India to co-create technology-driven solutions relevant to the automobile manufacturing and mobility space. We see great potential in Indian startups, and with this MoU with JETRO, we will be able to provide a platform for these promising startups to explore the Japanese business landscape.”
Mr. Takashi Suzuki, Chief Director General, JETRO India said, “Maruti Suzuki stands as one of the finest examples of the successful partnership between India and Japan. With this MoU, we are creating opportunities for even more fruitful business collaborations between our two nations. This MoU aims to foster innovation, drive economic growth, and further strengthen the deep-rooted ties between India and Japan.”
Maruti Suzuki’s Innovation Programs:
The Company, through the Maruti Suzuki Innovation programs, is proud to partner with the Government of India’s Startup India initiative. To spur innovation in the automotive space, the Company has built multiple programs - 1) Accelerator, 2) Incubation, 3) Mobility Challenge and 4) Nurture - that provide the right direction and support to startups in developing innovative solutions that help solve business and societal problems. In the journey of 6 years, over 5,000 startups have been screened, 150 startups were engaged and 25 of these startups have been onboarded as partners delivering value to our business.
About JETRO:
JETRO, or the Japan External Trade Organization, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO's core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential.
IndianWeb2.com is an independent digital media platform for business, entrepreneurship, science, technology, startups, gadgets and climate change news & reviews.
No comments
Post a Comment