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DENSO signs MoU with T-Hub, India’s leading startup incubator, Telangana

Hyderabad/India; 6th November 2024: DENSO a global leader in automotive technology from Japan is excited to announce a transformative partnership with T-Hub, India’s leading startup incubator under the Government of Telangana. With India poised as the world’s third-largest automotive market, this collaboration brings DENSO’s expertise into Telangana’s vibrant startup ecosystem, aligning with DENSO’s vision to lead in innovative, advanced automotive solutions.

Nov. 19, 2024
  • MoU Sign

    Sealing the Collaboration with MoU Signing by DENSO and T-Hub members

Memorandum of Understanding (MoU) signed between DENSO and T-Hub for this collaboration

The crucial MoU was signed in the presence of Sri Duddilla Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communication, Industry & Commerce; Sai Krishna, IT Advisor to the Minister; Sreekanth Lanka, Chief Strategy Officer for the ITE&C department; and Sujit Jagirdar, CEO of T-Hub. DENSO’s signing team included India region CEO Yasuhiro Iida, Director Eiji Sobue, Vice President Naveen Verma, Vice President Tomonori Inoue and other representatives Members. This high-level representation highlights DENSO’s commitment to advancing innovation within India’s automotive sector through strategic collaboration with T-Hub.

Through T-Hub’s T-Connect platform, DENSO will engage with a curated network of India’s most innovative automotive startups, scouting for solutions that align with its commitment to building next-gen, intelligent automotive technologies. With a focus on fostering local innovation, DENSO will participate in Mentorship programs led by T-Hub, where its leadership will share insights on global industry trends while gaining fresh perspectives from Indian entrepreneurs exploring pioneering solutions.

Sri Duddilla Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communication, Industry & Commerce, and Legislative Affairs, Government of Telangana, welcomed this collaboration, stating, “Telangana is swiftly emerging as a key player in India’s automotive industry, backed by substantial investments and a robust, innovation-driven ecosystem. With companies like Amara Raja Batteries, Exide Industries, and Bharat Forge establishing advanced manufacturing facilities, we are transforming Telangana into a hub for both traditional automotive components and cutting-edge electric vehicle technologies. Our visionary approach includes providing incentives for the manufacturing industries of electric vehicles (EV) and lithium batteries, further enhancing our competitive edge. DENSO’s recent partnership with T-Hub stands as a significant milestone in this journey, reaffirming Telangana’s commitment to becoming a leading center for automotive and sustainable technology innovation.”

With the Indian automotive industry poised as third largest globally, DENSO’s collaboration with T-Hub positions Telangana at the forefront of this growth trajectory. The partnership includes DENSO’s involvement in solving the social issues of India such as CXO Roundtables and panel discussions with key industry figures, where they will explore technology trends, sustainable practices, and collaborative strategies that can drive the Indian automotive market forward. DENSO’s sponsorship of T-Hub-led hackathons and innovation challenges targeting automotive technologies further highlights Telangana’s role in fostering advancements that address industry needs.

T-Hub’s Interim CEO, Sujit Jagirdar said, “T-Hub is proud to welcome DENSO as a partner, marking another step in our journey to build a world-class automotive innovation hub in Telangana. This partnership highlights the state’s capability to attract and support global automotive leaders, providing a platform for them to co-create impactful solutions with local startups that cater to India’s unique automotive landscape.”

DENSO’s participation in T-Hub’s signature events, such as fireside chats and AMA sessions, will further immerse the company in India’s dynamic startup culture, fostering a vibrant knowledge exchange that strengthens the foundations of the country’s automotive innovation ecosystem. As DENSO integrates its global expertise with locally-driven insights, this partnership will contribute to the development of advanced, sustainable mobility solutions for India’s evolving automotive industry.

DENSO International India CEO, Yasuhiro Iida said, "DENSO is honored to partner with T-Hub in this strategic collaboration that highlights our commitment to advancing innovation and fostering local talent within India’s rapidly growing automotive ecosystem. Through T-Hub’s T-Connect platform, we look forward to engaging with innovative startups that share our vision of building a sustainable and intelligent future in mobility. By scouting and selecting startups with strong growth potential in areas such as artificial intelligence, electrification, ADAS, and sustainability, DENSO aims to contribute not only to India’s automotive industry but also to the global technology landscape.

Our support will go beyond mentorship, DENSO will provide these startups with access to our R&D resources, and technical expertise, ensuring they have the tools needed to scale and succeed. Additionally, DENSO is excited to sponsor and participate in T-Hub’s hackathons and innovation challenges, focusing on areas like ADAS, EV infrastructure, and V2X communication, which are crucial for the future of mobility.

This collaboration promises to bring impactful, customized solutions to India, addressing unique mobility and sustainability challenges while positioning the country as a global leader in advanced automotive solutions. We believe that combining DENSO’s global expertise with the fresh perspectives of Indian entrepreneurs will drive meaningful advancements that align with our long-term vision for mobility.”

    • T-Hub

      Sri Duddilla Sridhar Babu, Hon’ble Minister and T-Hub CEO Mr. Sujit Jagirdar interacting with DENSO India CEO Mr. Y. Iida and Mr. Naveen Verma, VP

    • T-Hub Group Pic

      Jubilant DENSO and T-Hub Management after signing the MoU