
Maruti Suzuki inks MoU with DPIIT to support startups
Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement.
Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated.
Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added.
'Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space," Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti said.
This Memorandum of Understanding (MoU) is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation, DPIIT Joint Secretary Sanjiv said. PTI MSS MSS DR DR
First Published:
July 23, 2025, 14:00 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
12 hours ago
- Time of India
FDI in hospitality industry registered 216% growth in 2024: Tourism minister
Advt By , ETHospitalityWorld Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHospitalityWorld industry right on your smartphone! Download the ETHospitalityWorld App and get the Realtime updates and Save your favourite articles. As per the government reports, the Foreign Direct Investments (FDI) in the hotel and restaurant sector has increased by 216 percent between 2023 and 2024 primarily as a result of the positive mood in the industry due to successful listing of a number of hotel companies in the stock market union tourism minister, Gajendra Singh Shekhawat , in a written response to a question in the Parliament last week, quoting the DPIIT (Department of Promotion of Industry and Internal Trade) figures, said that the FDI into the hotel and restaurant industry in the country has gone up from Rs 3,636.25 crore in 2023 to Rs 11,490 crore in amount was Rs 2,827.44 crore in has also been a steady increase in the outstanding credit extended by financial institutions to the hospitality sector in the last three years, the minister said citing RBI on May 31, 2025, the credit outstanding reported was Rs 85,206 crore against Rs 78,408 crpre on the same date in 2024. This was Rs 68,712 crore around the same time in the year a question related to marketing development assistance (MDA) scheme meant to provide financial support to tourism service providers (TSPs) in the country like tour operators, hotels and other stakeholders to undertake promotion of Incredible India in overseas markets which is on hold for nearly five years now, the tourism minister said that the scheme was currently under review.'The Ministry of Tourism extends financial assistance to the approved tourism service provider (TSPs) across the country for undertaking promotion and marketing of tourism to the country from the overseas markets, under the Marketing Development Assistance (MDA) Scheme. The scheme is under review to align with the evolving requirements of the industry,' the minister said in a written reply in response to a query in the Rajya Sabha.


Hans India
17 hours ago
- Hans India
DPIIT ieam visits city to boost IoT and Deep-Tech innovation
Bengaluru: In a bid to strengthen India's position as a global hub for high-tech manufacturing and innovation, a high-level delegation, led by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Amardeep Singh Bhatia, visited Bengaluru to engage with startups and review progress on the Tumakuru Industrial Area - one of the flagship projects under the National Industrial Corridor Development Programme (NICDP), an official statement said on Sunday. A Commerce Ministry press release said that the delegation visited the K-tech MeitY Nasscom Centre of Excellence for IoT & AI, with an aim to engage with startups and incubation leaders, gain insights into the local innovation ecosystem, and identify opportunities for policy support to accelerate growth. The centre, India's largest deep tech innovation hub, connects startups, innovators, enterprises, academia, and government to solve real-world challenges using cutting-edge technologies such as Internet of Things (IoT), AI, Data Science, Big Data, Augmented Reality and Virtual Reality (AR/VR), Machine Learning, and Robotics. The visit aimed to align industrial infrastructure with India's growing deep-tech ecosystem, encourage policy support, and accelerate investment in cutting-edge sectors such as aerospace, electronics, clean tech, and logistics, according to the ministry statement. The delegation interacted with startup founders and incubation managers to explore how these technologies can drive the future of manufacturing, logistics, and urban solutions. Following the Investors Roundtable Conference in Bengaluru, Bhatia undertook a detailed review of the Tumakuru Industrial Area, a flagship project under the NICDP. The Secretary examined key milestones, including Phase A development covering 1,736 acres, progress on internal roads, drainage, and utility corridors, and initiatives to support investors. During the meeting with Larsen and Toubro (L&T), the EPC contractor, and other stakeholders for the project, L&T assured the officials that they will speed up the work and finish key tasks on time so as to ensure that land allotment to Industries is started by the year-end, the filing order to guarantee that Tumakuru Industrial Area draws both domestic and foreign investment in industries like electronics, automotive, clean technology, and logistics, Bhatia urged all stakeholders to adhere to the highest quality standards and meet planned targets on time. The delegation also visited Foxconn Hon Hai Technology India Mega Development Pvt. Ltd. and the Devanahalli Aerospace Special Economic Zone (SEZ), followed by a tour of Dynamatic Technologies, a leading manufacturer of aerospace components, as per the Ministry. The walkthrough provided insights into advanced manufacturing capabilities, precision engineering, and India's evolving role in the global aerospace supply chain.


Mint
a day ago
- Mint
DPIIT Secretary leads delegation to K-tech MeitY Nasscom Centre of Excellence for IoT/AI in Bengaluru
New Delhi [India], August 3 (ANI): A delegation led by Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, along with CEO and MD, NICDC, Rajat Kumar Saini, Director, DPIIT and the Head of Startup India, visited the K-tech MeitY Nasscom Centre of Excellence for IoT and AI in Bengaluru. The visit aimed to engage with startups and incubation leaders, gain insights into the local innovation ecosystem, and identify opportunities for policy support to accelerate growth. Centre of Excellence, India's largest deep tech innovation hub, connects startups, innovators, enterprises, academia, and government to solve real-world challenges using cutting-edge technologies such as Internet of Things (IoT), Artificial Intelligence (AI), Data Science, Big Data, AR/VR, Machine Learning, and Robotics. The delegation interacted with startup founders and incubation managers to explore how these technologies can drive the future of manufacturing, logistics, and urban solutions. Following the Investors Roundtable Conference in Bengaluru, Amardeep Singh Bhatia, Secretary, DPIIT, undertook a detailed review of the Tumakuru Industrial Area, a flagship project under the National Industrial Corridor Development Programme (NICDP). Secretary, DPIIT examined key milestones, including Phase A development covering 1,736 acres, progress on internal roads, drainage, and utility corridors, and initiatives to support investors. During the meeting with Larsen & Toubro (L&T), the EPC contractor, and HaskoningDHV, the PMC contractor for the project, highlighted the detailed updates on construction progress and major milestone deliverables. L&T assured the officials that they will speed up the work and finish key tasks on time so as to ensure that land allotment to Industries is started by the year-end. Secretary Bhatia urged all stakeholders to meet planned targets on schedule while upholding the highest quality standards to ensure Tumakuru Industrial Area attracts both global and domestic investment in sectors such as electronics, automotive, clean tech, and logistics. The delegation also visited Foxconn Hon Hai Technology India Mega Development Pvt. Ltd. and the Devanahalli Aerospace Special Economic Zone (SEZ), followed by a tour of Dynamatic Technologies, a leading manufacturer of aerospace components. The walkthrough provided insights into advanced manufacturing capabilities, precision engineering, and India's evolving role in the global aerospace supply chain. The review meeting brought together key stakeholders, including Selvakumar S, Principal Secretary, Government of Karnataka; Rajat Kumar Saini, CEO and MD, NICDC; Mahesh M, MD, KIADB; and Shubha Kalyan, Deputy Commissioner and District Magistrate of Tumakuru, along with senior officials from NICDC and the State Government, to assess progress and align efforts for timely execution. Secretary, DPIIT, encouraged stakeholders to leverage the synergy between innovation, industrial infrastructure, and policy support to drive investment and export-led growth. (ANI)