88.00 (0.54%) Maruti Suzuki India has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization (JETRO), to promote innovation and facilitate business opportunities for startups from India and Japan. Under the MoU, the company and JETRO will collaborate to support startups based in India to access the startup and innovation ecosystem of Japan, similarly, startups based in Japan will get an opportunity to access the startup and innovation ecosystem of India.
In addition, the company and JETRO will work with each other to facilitate the participation and networking of startups in appropriate activities or events, connecting them with relevant partners. Startups chosen through the company’s four innovation programs: 1) Accelerator, 2) Incubation, 3) Mobility Challenge and 4) Nurture, will be eligible to participate in these events. Startups from Japan can explore the Indian startup ecosystem by participating through JETRO.
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.