Published 19:10 IST, November 6th 2024

Telangana Government partners with Japanese Company to Boost India's automotive sector

The Telangana government announced a partnership between Denso and startup incubator T-Hub, to advance innovation in India's auto sector.

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Telangana Government partners with Japanese Company to Boost India's automotive sector | Image: Republic
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Boost in auto sector: Telangana government on Wednesday anunced a partnership between Japanese automotive supplier Denso and startup incubator T-Hub, to vance invation in India's automotive sector.

With India poised to become world's third-largest automotive market, this collaboration brings Denso's expertise into Telangana's vibrant startup ecosystem, aligning with state's vision to le in sustainable, vanced automotive solutions, an official release said.

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A Memorandum of Understanding (MoU) for this collaboration was signed in presence of Telangana IT and Industry Minister D Sridhar Babu and Denso's India region CEO Yasuhiro Iida.

Through T-Hub's T-Connect platform, Denso will collaborate with a curated network of India's most invative automotive startups to generate ideas, dress complex challenges, and conduct a targeted search for solutions aligned with its vision of next-generation and intelligent automotive techlogies, release said.

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With a focus on fostering local invation, Denso will participate in mentorship programmes led by T-Hub, where its leership will share insights on global industry trends while gaining fresh perspectives from Indian entrepreneurs exploring pioneering solutions, it ded.

Sridhar Babu welcomed collaboration and said Telangana is swiftly emerging as a key player in India's automotive industry, backed by substantial investments and a robust, invation-driven ecosystem.

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state boasts a strong presence of automotive design, semiconductor, and sensor engineering companies, which are vital for fostering growth of automotive industry, minister said.

T-Hub's Interim CEO, Sujit Jagirdar, said this partnership highlights state's capability to attract and support global automotive leers, providing a platform for m to co-create impactful solutions with local startups that cater to India's unique automotive landscape.

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Yasuhiro Iida said this strategic collaboration highlights Denso's commitment to vancing invation and nurturing local talent in India's automotive ecosystem, ding that support will include access to R&D resources and technical expertise, empowering se startups to scale successfully.

 

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18:14 IST, November 6th 2024