The Telangana authorities has introduced a partnership between the state’s enterprise incubator, T-Hub, and Denso, an automotive elements producer from Japan.
D Sridhar Babu, the state’s Minister for Info Know-how, Electronics and Communication, Trade and Commerce, mentioned that with India poised to change into the world’s third-largest automotive market, this collaboration will carry Denso’s experience into Telangana’s vibrant startup ecosystem.
“Telangana is swiftly rising as a key participant in India’s automotive business, backed by substantial investments and a strong, innovation-driven ecosystem. The state boasts a powerful presence of automotive design, semiconductor, and sensor engineering firms, that are important for fostering the expansion of the automotive business. With firms like Mahindra and Mahindra, Bharat Forge, Exide, and Amara Raja Batteries establishing superior manufacturing amenities, we’re remodeling Telangana right into a hub for each conventional automotive elements and cutting-edge electrical automobile applied sciences,” Babu mentioned.
T-Hub’s interim CEO Sujit Jagirdar mentioned the “partnership highlights the state’s functionality to draw and help world automotive leaders”.
Denso Worldwide India CEO Yasuhiro Iida mentioned, “Our help will embody entry to R&D sources and technical experience, empowering these startups to scale efficiently.”
