Maruti Suzuki India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. The agreement focuses on encouraging and supporting startups working in the areas of automobile manufacturing and mobility.
Startups recognised under DPIIT’s ‘Startup India’ initiative will be eligible to participate in Maruti Suzuki’s innovation programs. Once selected, they will be provided access to testing infrastructure, technical mentorship, and insights from industry professionals to help refine their products and services.
In addition to access within Maruti Suzuki, selected startups will also be connected to external incubators, accelerators, and investor networks. The aim is to enable them to validate and potentially scale their solutions within the mobility and manufacturing sectors.
The MoU was exchanged in the presence of representatives, including Sanjiv, Joint Secretary, DPIIT, and Maruti Suzuki leadership such as Independent Director Anjali Bansal, Director of Corporate Planning Sunil Kakkar, Corporate Affairs Senior Executive Officer Rahul Bharti, and Executive Officer – Digital Enterprise Dr. Tapan Sahoo.
Over the last 6 years, Maruti Suzuki has screened more than 5,220 startups. Out of these, around 150 were engaged in different capacities, and 28 were onboarded as partners working with the company across various business functions.
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As of 10:34 AM on July 24, 2025, Maruti Suzuki India share price was trading at ₹12,621, a 0.04% decrease.
The agreement sets a formal structure for DPIIT-recognised startups to collaborate with Maruti Suzuki. It is intended to provide access to resources, networks, and platforms that may support the development of solutions in the mobility and automotive manufacturing domains.
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Published on: Jul 24, 2025, 11:28 AM IST
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