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News18
7 hours ago
- Business
- News18
Samsung, Startup India Join Hands To Empower Grassroots Innovators From Small-Town India
The MoU marks a public-private partnership that will leverage startup incubators, accelerators, and mentors alongside Samsung's on-ground innovation programme. In a landmark move to promote innovation and entrepreneurship in India's heartland, Samsung India has signed a strategic Memorandum of Understanding (MoU) with Startup India, a flagship initiative of the Government of India. The collaboration aims to empower young innovators from Tier 2 and Tier 3 cities through Samsung's flagship innovation programme — Solve for Tomorrow, according to a statement. Signed in New Delhi, the MoU marks a powerful public-private partnership that will leverage Startup India's national ecosystem of incubators, accelerators, and mentors alongside Samsung's on-ground innovation programme. The goal is to offer mentorship, funding, infrastructure access, and expert guidance to young minds building scalable solutions to local problems, Samsung said in a statement. 'At Samsung, we believe innovation thrives when young minds are empowered with the right platforms and support systems," said SP Chun, Corporate Vice President, Samsung Southwest Asia. 'This partnership brings together Samsung Solve for Tomorrow's vision and Startup India's expansive network, aiming to nurture the next generation of change-makers from the remote corners of India." Sanjiv, joint secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), said, 'Empowering young innovators is central to India's growth story. This collaboration aligns closely with the vision of the Atmanirbhar Bharat and will drive inclusive innovation across the country." Samsung Solve for Tomorrow is a flagship innovation and education initiative designed to foster problem-solving, creativity, and social impact among India's youth. Through this programme, young students are encouraged to identify real-world issues in their communities and work toward building scalable solutions using design thinking, technology and entrepreneurial skills. The initiative provides mentorship, workshops, prototype development support, and opportunities to pitch ideas to experts and investors, the company stated. In its 2025 edition, the programme has uncovered exceptional talent from remote districts including Samastipur (Bihar), Guntur (Andhra Pradesh), Baramulla (Jammu & Kashmir), and Cachar (Assam) — highlighting the programme's deepening reach and hyperlocal engagement. Through this partnership, Samsung and Startup India will work closely with students and startups from smaller towns to provide innovation challenges, hands-on workshops, and incubation support—creating a seamless bridge between ideas and impact. This year's Solve for Tomorrow programme features incubation support and significant grants. The Top 4 winning teams will receive a grant of Rs 1 crore each, while the Top 20 teams will get Rs 20 lakh, and Top 40 teams will be awarded Rs 8 lakh each. Samsung India's programme 'Solve For Tomorrow 2025', spanning six months, invited students aged 14-22 to submit their tech ideas as either individuals or groups. Participants were invited to design solutions across four impact-driven themes: AI for a Safer, Smarter, and Inclusive Bharat; Future of Health, Hygiene, and Well-being in India; Social change through Sports and Tech for Education and Better Futures; and Environmental Sustainability via Technology. 'The shortlists have gone hyperlocal, with the programme discovering young innovators from some of India's far-flung districts—including Samastipur in Bihar, Guntur in Andhra Pradesh, Baramulla in Jammu & Kashmir, and Cachar in Assam. The reach and resonance of the programme is evident not just in the geographies covered, but also in the ingenuity of the ideas submitted across all four themes," Samsung said in the statement. The campaign has witnessed overwhelming interest from students who not only submitted technically sound ideas but also showed a deep understanding of their community's challenges — from improving healthcare access to using AI for safer streets. Launched in the US in 2010, Samsung Solve for Tomorrow is now active in 68 countries, with over 3 million participants globally. The India edition has become one of the most dynamic, reflecting both the size of the youth population and the hunger for meaningful change. By aligning the programme with Make in India, Skill India, and Digital India, Samsung and Startup India aim to ensure that innovation doesn't remain limited to metros and elite institutions but flourishes equally in classrooms across India's villages and towns. About the Author Business Desk A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover More view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
6 days ago
- Automotive
- Hindustan Times
Maruti Suzuki, DPIIT join hands to boost startup innovation in auto, mobility space
Maruti Suzuki India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), which is part of the Ministry of Commerce and Industry, to support and foster startups in the areas of automotive production and mobility innovation. The partnership follows the path to create a stronger technology ecosystem in India's auto sector. The MoU complements the Government of India's 'Startup India' programme via which DPIIT-recognised startups would now be able to engage with Maruti Suzuki's innovation programmes. The MoU complements the Government of India's 'Startup India' programme via which DPIIT-recognised startups would now be able to engage with Maruti Suzuki's innovation programmes. The intention is to support the creation of scalable, technology-led solutions in the automotive and mobility sector. Startups will benefit from industry-specific mentorship, business insights, and validation of their ideas through Maruti Suzuki's infrastructure and operational testbeds as part of this collaboration. Also Read : Maruti Suzuki Fronx becomes the fastest crossover SUV to clock 1 lakh exports from India Maruti Suzuki already runs a portfolio of startup engagement initiatives such as its Accelerator, Incubation, Mobility Challenge, and Nurture programs. Over the past six years, more than 5,220 startups have been screened by the company, out of which around 150 were actively engaged. Twenty-eight of those have eventually become partners, contributing to business outcomes. The MoU was exchanged in the presence of several key representatives from both sides, including Sanjiv, Joint Secretary, DPIIT, Anjali Bansal, Independent Director, Maruti Suzuki and executives from Maruti Suzuki's corporate and digital enterprise teams such as Sunil Kakkar, Rahul Bharti and Dr. Tapan Sahoo. Commenting on the partnership, Rahul Bharti, Senior Executive Officer, Corporate Affairs at Maruti Suzuki, stated that this initiative will help support promising startups as they build innovative automotive and mobility solutions. He emphasized the company's ongoing commitment to both 'Startup India' and 'Make in India' through strategic industry collaboration. DPIIT's vision for startup growth Representing the DPIIT, Joint Secretary Sanjiv said the collaboration with Maruti Suzuki aims to strengthen India's leadership in next-generation industrial innovation. He noted that Maruti Suzuki's scale and legacy in the automotive industry could offer significant value to startups trying to commercialize early-stage ideas. Also Read : Maruti Suzuki hits 5,500 after sales touchpoints, services 2.7 crore vehicles in FY 2024–25 Seconding such views, Md. Alam Ansari, Startup India Deputy Director, emphasized the need to arm startups with the capabilities and institutional support required to scale up in-country and abroad. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date:
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Business Standard
23-07-2025
- Automotive
- Business Standard
Maruti Suzuki signs MoU with DPIIT to encourage, support startups
Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. "Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space," Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti said. This Memorandum of Understanding (MoU) is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation, DPIIT Joint Secretary Sanjiv said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
23-07-2025
- Automotive
- Time of India
Maruti Suzuki, DPIIT join hands to support tech startups in automobile manufacturing
Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade ( DPIIT ) to support startups to develop technology-driven solutions in the automobile manufacturing and mobility space. As a result of the pact, startups recognised by DPIIT under the ' Startup India ' initiative can participate in Maruti Suzuki's innovation programs. Upon selection, startups will benefit from expert mentorship, industry insights, and access to the carmaker's extensive network and infrastructure. Additionally, startups will get a platform to connect with incubators, accelerators, and investors to showcase their solutions, according to a joint statement released on Wednesday. The MoU was exchanged between DPIIT and Maruti Suzuki in the presence of Sanjiv, joint secretary, DPIIT, Anjali Bansal, independent director, Maruti Suzuki, Sunil Kakkar, director (corporate planning), Maruti Suzuki, Rahul Bharti, senior executive officer (corporate affairs), Maruti Suzuki and Tapan Sahoo, executive officer (digital enterprise), Maruti Suzuki. Partnership builds on Maruti Suzuki's existing startup programmes Maruti Suzuki has been actively supporting early-stage companies through various initiatives such as the Mobility Challenge, Incubation, Nurture, and Accelerator programmes. So far, the company has screened more than 5,220 startups, engaged with around 150, and onboarded 28 as business partners. 'India is home to a vibrant and growing startup ecosystem. Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space,' Bharti said. 'This MoU is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation,' Sanjiv said. 'Our partnership with Maruti Suzuki reflects DPIIT's commitment to nurturing high-impact startup engagement in the mobility and manufacturing space. We look forward to enabling startups with the support they need to succeed at scale, both in India and globally,' said Alam Ansari, deputy director, Startup India, DPIIT.
News18
23-07-2025
- Automotive
- News18
Maruti Suzuki inks MoU with DPIIT to support startups
New Delhi, Jul 23 (PTI) Maruti Suzuki India on Wednesday said it has joined hands with the Department for Promotion of Industry and Internal Trade to encourage and support startups to develop technology-driven solutions in automobile manufacturing and mobility space. Startups recognised by Department for Promotion of Industry and Internal Trade (DPIIT) under the 'Startup India' initiative will have the opportunity to participate in Maruti Suzuki's innovation programmes, the auto major said in a statement. Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network and infrastructure, which serves as a valuable testbed for robust validation of their solutions, it stated. Additionally, startups will get a platform to connect to incubators, accelerators, and investors to showcase their solutions, it added. 'Through this partnership with DPIIT, we will be able to further accelerate our efforts to support promising startups to create technology-led solutions in the automobile manufacturing and mobility space," Maruti Suzuki India Senior Executive Officer Corporate Affairs Rahul Bharti said. This Memorandum of Understanding (MoU) is a step towards creating a robust platform for startups to transform ideas into market-ready mobility and manufacturing solutions, reinforcing India's leadership in next-gen industrial innovation, DPIIT Joint Secretary Sanjiv said. PTI MSS MSS DR DR First Published: July 23, 2025, 14:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
