Latest news with #Incubation
Entrepreneur
7 days ago
- Business
- Entrepreneur
Maruti Suzuki and JETRO Join Hands to Empower Startups Across India and Japan
The MoU aims to promote collaboration between Indian and Japanese startups by creating new business opportunities and expanding access to each other's innovation ecosystems. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a significant move to foster cross-border innovation and entrepreneurship, Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization (JETRO). The MoU aims to promote collaboration between Indian and Japanese startups by creating new business opportunities and expanding access to each other's innovation ecosystems. The agreement was formally exchanged between Dr Tapan Sahoo, Executive Officer – Digital Enterprise at Maruti Suzuki, and Takashi Suzuki, Chief Director General of JETRO India. The ceremony was held in the presence of Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India. Through this MoU, startups from India will gain access to Japan's robust startup and innovation network, while Japanese startups will be welcomed into India's vibrant and fast-growing entrepreneurial landscape. This two-way collaboration is expected to unlock new synergies in mobility, technology, and manufacturing sectors. Startups participating in Maruti Suzuki's four flagship innovation programs—Accelerator, Incubation, Mobility Challenge, and Nurture—will be eligible to join this initiative. JETRO will facilitate Japanese startup participation, offering them exposure to India's dynamic market and innovation-driven opportunities. Hisashi Takeuchi remarked, "Startups are key drivers of innovation and economic growth. With this MoU, we aim to open new doors for Indian startups to explore the Japanese market and strengthen bilateral technological ties." Takashi Suzuki added, "Maruti Suzuki is a shining example of India-Japan collaboration. This partnership will deepen our ties and foster innovation-led economic growth in both nations." Maruti Suzuki's innovation ecosystem continues to evolve as a critical bridge between industry needs and startup capabilities. With the support of JETRO, the company is now poised to take its startup engagement global, creating a win-win for businesses in both countries. This MoU is not just a partnership—it is a forward-looking step toward building a global startup network that thrives on innovation, mutual support, and shared vision between India and Japan.
Time of India
7 days ago
- Automotive
- Time of India
Maruti Suzuki signs MoU with JETRO to connect Indian and Japanese startups
Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization ( JETRO ) to promote collaboration between startups in India and Japan. The agreement aims to facilitate business opportunities and mutual access to innovation ecosystems in both countries. The MoU was exchanged between Tapan Sahoo, Executive Officer, Digital Enterprise at Maruti Suzuki, and Takashi Suzuki , Chief Director General of JETRO India, in the presence of Mr. Hisashi Takeuchi , Managing Director and CEO of Maruti Suzuki. Under the agreement, Indian startups will be supported in accessing the Japanese startup and innovation ecosystem, while Japanese startups will be given the opportunity to engage with the Indian ecosystem. Support through existing programs The collaboration will also involve support for startup participation in events and networking activities, linking them with relevant partners in the respective countries. Startups selected through Maruti Suzuki's four existing innovation programmes—Accelerator, Incubation, Mobility Challenge and Nurture—will be eligible for these opportunities. Japanese startups will be able to engage with the Indian ecosystem through JETRO. Hisashi Takeuchi, MD and CEO of Maruti Suzuki India, said, 'Startups are key drivers of innovation and economic growth. Through our multi-format innovation programmes, we have been engaging with startups in India to co-create technology-driven solutions relevant to the automobile manufacturing and mobility space. With this MoU with JETRO, we will be able to provide a platform for these startups to explore the Japanese business landscape.' Takashi Suzuki, Chief Director General, JETRO India, stated, '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
Business Recorder
17-05-2025
- Business
- Business Recorder
Alkhidmat's Bano Qabil, Fossphorus ink MoU
KARACHI: Alkhidmat Karachi's Bano Qabil IT program and Fossphorus, a leading IT company, have signed MoU to establish a Satellite Incubation Center aimed at empowering youth with advanced IT skills. The signing ceremony, attended by Alkhidmat Karachi CEO Naveed Ali Baig, Bano Qabil Director Farooq Kamalani, Head of Incubation Raja Haris, and Fossphorus Managing Partner Faisal Siddiqui, marked a significant step in expanding opportunities for young people. Naveed Ali Baig highlighted that the Bano Qabil program already supports youth lacking resources by providing access to computers and expert supervision to enhance industry-specific skills and secure employment. The new Satellite Incubation Center will further improve facilities and outreach. Faisal Siddiqui emphasized Fossphorus' expertise in integrating creativity and technology, noting that the collaboration will offer youth practical, industry-relevant experience and modern educational opportunities. Copyright Business Recorder, 2025
Fashion Value Chain
26-04-2025
- Business
- Fashion Value Chain
Madhav University Ignites Entrepreneurial Spirit with Launch of Madhav Business Park and Startup Incubation Hub
Madhav University today proudly inaugurated its state-of-the-art Madhav Business Park and Startup Incubation Hub, marking a significant leap forward in its commitment to the national Startup India Mission. This cutting-edge hub is poised to become a vibrant ecosystem, offering unparalleled facilities and robust support to the universitys bright minds and the burgeoning community of innovative entrepreneurs across Rajasthan. Madhav University Ignites Entrepreneurial Spirit The grand inauguration ceremony was graced by the esteemed presence of University Chairman Dr. Rajkumar, visionary Chancellor Himmat Singh Dewal, dynamic President Dr. Rajiv Mathur, meticulous Registrar Dr. Bhavesh Kumawat, and a distinguished cohort of angel investors from across the nation. Adding further eminence to the occasion was Mr. Sushil Sharma, the influential CEO of Marwari Catalysts India, alongside other notable dignitaries from diverse sectors. This transformative initiative has already identified and welcomed over 100 promising startups into its fold, providing them with a prime location within the newly established business park. These carefully selected ventures, chosen from thousands of competitive applications, will benefit from complimentary, high-quality office spaces, lightning-fast Wi-Fi connectivity, dedicated telephone lines, and a suite of essential corporate facilities for the crucial initial three years of their journey. Demonstrating its deep-seated belief in these budding enterprises, Madhav University has also announced the provision of seed funding. This crucial financial support will empower these ambitious founders to translate their groundbreaking ideas into tangible realities and fuel their early-stage growth. In his inspiring address during the inauguration, Chairman Dr. Rajkumar passionately declared, 'Today marks not just the launch of a facility, but the dawn of a powerful new entrepreneurial revolution, not only for Rajasthan but for the entire nation. Madhav University is immensely proud to offer this dedicated platform of creativity and innovation, enabling our future business leaders to soar to new heights.' Quotes from Key Attendees: Mr. Sushil Sharma, CEO of Marwari Catalysts India, enthusiastically stated, 'Madhav Universitys commitment to fostering startups in Tier 2 and Tier 3 cities is truly commendable. This strategic investment in infrastructure and resources will be instrumental in unlocking the immense potential of entrepreneurs in these regions and bringing their impactful innovations to the forefront.' President Dr. Rajiv Mathur highlighted a crucial aspect of the initiative, saying, 'Beyond providing physical infrastructure, we are cultivating a culture that deeply respects and safeguards intellectual property. Our comprehensive support system will include expert guidance on securing their innovations, empowering these startups to build sustainable and globally competitive businesses through the strategic utilisation of their intellectual property rights.' This visionary endeavour by Madhav University is poised to be a pivotal catalyst in propelling hundreds of entrepreneurs towards significant achievements and garnering global recognition in the years to come. About Madhav University Madhav University is a leading institution dedicated to academic excellence and fostering innovation. Committed to empowering the next generation of leaders and entrepreneurs, the university provides a dynamic learning environment and actively supports initiatives that contribute to national development. For more information, please visit: and
