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T-Hub, an innovation hub and ecosystem enabler on Monday announced its partnership with Suzuki Motor Corporation (SMC), a leading corporation in the automobile sector to accelerate the growth of the Indian start-up ecosystem. A press release from T-Hub said with the collaborative partnership, both the firms aim to provide mentoring and support Indian entrepreneurs to access Japan's ecosystem. Suzuki Innovation Center (SIC), which is an open innovation platform, will provide growth opportunities to T-Hub incubated start-ups. In addition, SIC provides an open platform for new connections and innovation between India and Japan among academia, industries, and start-ups. Mahankali Srinivas Rao, CEO of T-Hub, said, "Through our partnership with Suzuki Motor Corporation, we are aiming to address broad challenges on and beyond mobility, in India and Japan, on top of the synergistic combination of technology and design. The partnership will empower T-Hub entrepreneurs to scale globally ...
Pre-Covid it had predicted that the market would reach 10 million
Suzuki holds a 56.37 per cent stake in Maruti Suzuki
TDSG's facility - the first in the country to make batteries with cell-level localisation - has an aggressive export target for the next three years
During an event at Mahatma Mandir in Gandhinagar on Sunday, Modi laid foundation stones for the EV battery unit at Hansalpur and Maruti Suzuki's upcoming manufacturing plant in Kharkhoda, Haryana
New plant, with capacity to make 1 million cars in a year, to come up in Haryana
Japanese automaker Suzuki Motor Corporation on Sunday said it will invest around 150 billion yen by 2026, for local manufacturing of Battery Electric Vehicles and BEV batteries in Gujarat
SMC also said its board has proposed the appointment of Toshihiro Suzuki -- current director and President, and son of Osamu Suzuki -- as the Chairman of the Board of Directors
The advice comes amid the Centre's clarion call to manufacturers across sectors to cut imports and become self-reliant
Japan's fourth-largest automaker posted an operating profit of 51.8 billion yen
The company said it expects net sales during the current fiscal to come down to 3,500,000 million yen
The company forecast its profit for the fiscal year April 2019-March 2020 to be at 330 billion yen, while pegging net sales at 3,900 billion yen.
The company had crossed the first 1 million units milestone in March 1994 and went on to reach 10 million units in March 2011
Most of the engines used by Suzuki's two-wheelers in India are manufactured by Maruti at its Manesar plant
Suzuki along with Toshiba, Denso will also invest around Rs 1,150 crore for a new unit to produce lithium ion batteries
Suzuki Motor Corporation sold 54% of the 50 lakh units in India, 17% in Europe, 10% in Japan and 19% in other parts of the globe