Maruti Suzuki acquires stake in homegrown AI startup Amlgo Labs
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
In a significant development towards meeting the needs of the automobile sector in the country, Maruti Suzuki India will invest Rs 35,000 crore to set up its second manufacturing facility in Gujarat.
The objectives of the policy are to provide a boost to the economy through increased sales, reduce pollution because older vehicles are presumed to emit more toxic fumes and improve the fuel-efficiency of vehicles allowed on the roads.
India's largest car manufacturer Maruti Suzuki India Ltd has announced that it has recalled 9,925 cars of the Wagon R, Celerio, and Ignis models citing a defect in the rear brake assembly pin.
Maruti Suzuki India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last month, up from 86,380 units sold in September 2021.
These startups will now engage with Maruti Suzuki for paid projects and also will be entitled to other benefits associated with the programme.
The facility is available for individuals located in Delhi, NCR (Noida, Ghaziabad, Faridabad, Gurugram) and Bengaluru.
Under this program, early stage startups will get incubation support and a chance for potential partnership with MSI to fast-track the growth of their venture.
Alto has been the best most selling car for 16 consecutive years in India, the company said in a statement
The private bank is one of the key partners of Maruti Suzuki for dealer inventory as well as retail financing solutions.