Maruti Suzuki India Ltd.

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Large Cap | Automobiles - Passenger Cars
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Maruti Suzuki signs MoU with SINE, IIT Bombay

Date: 17-11-2022

Maruti Suzuki India has signed a memorandum of understanding (MoU) with Society for Innovation & Entrepreneurship (SINE), IIT Bombay to expand the reach of its innovation programs for startups. As part of the three-year MoU, SINE will support in outreach and incubation of potential startups who can be part of Maruti Suzuki's innovation programs.

As part of the initiative, Maruti Suzuki and SINE will jointly shortlist startups for some of the complex business problems identified by the company. They will together screen applications, organise workshops with mentors, industry experts and investors.

Maruti Suzuki India is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.