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Maruti Suzuki and DPIIT Partner to Accelerate Auto & Mobility Startup Innovation

Written by: Team Angel OneUpdated on: 24 Jul 2025, 4:58 pm IST
Maruti Suzuki has signed an MoU with DPIIT to help Startup India-backed ventures build and test mobility and manufacturing solutions using its network and resources.
Maruti Suzuki and DPIIT Partner to Accelerate Auto & Mobility Startup Innovation
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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 to Join Innovation Program

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.

Officials Present at Exchange

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.

Maruti Suzuki’s Past Engagement

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.

Read More: Best EV Stocks in July 2025 Based on Market Cap, 5Y CAGR!

Maruti Suzuki Share Price Performance 

As of 10:34 AM on July 24, 2025, Maruti Suzuki India share price was trading at ₹12,621, a 0.04% decrease.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 24, 2025, 11:28 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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