New delhi [India]: maruti Suzuki india Limited has signed a memorandum of know-how (MoU) with the japan External Trade Organization (JETRO) to promote innovation and facilitate enterprise possibilities for startups from india and Japan.
In keeping with maruti Suzuki, the MoU was officially exchanged between Dr Tapan Sahoo, government officer and virtual employer, maruti Suzuki, and Takashi Suzuki, leader and director preferred, JETRO india, in the presence of Hisashi Takeuchi, managing director and CEO, maruti Suzuki.
Underneath the MoU, maruti Suzuki and JETRO will collaborate to help startups primarily based in india to get the right of entry to the startup and innovation ecosystem of Japan. In addition, startups based in japan get a possibility to get entry to the startup and innovation atmosphere of India.
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Further, maruti Suzuki and JETRO will work with each other to facilitate the participation and networking of startups in appropriate activities, connecting them with applicable partners.
Startups chosen via maruti Suzuki's 4 innovation applications—accelerator, incubation, mobility mission, and nurture—might be eligible to take part in those occasions.
Startups from japan can explore the indian startup surroundings by taking part through JETRO. Hisashi Takeuchi, handling director & CEO, maruti Suzuki india, restricted, said, "Startups are key drivers of innovation and monetary growth. Through our multi-format innovation packages, we were attractive to startups in india to co-create era-driven solutions applicable to the automobile production and mobility space."
He delivered, "We see extraordinary potential in indian startups, and with this MoU with JETRO, we can be able to provide a platform for these promising startups to explore the Japanese business panorama."
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Takashi Suzuki, chief director of widespread JETRO india, said, "Maruti Suzuki stands as one of the best examples of the successful partnership between india and Japan. With this MoU, we are developing opportunities for even more fruitful business collaborations among our two international locations. This MoU aims to foster innovation, drive financial boom, and further support the deep-rooted ties between india and Japan."
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