New Delhi, May 30 -- Maruti Suzuki India Limited has signed a memorandum of understanding (MoU) with the Japan External Trade Organisation (JETRO), to promote innovation and facilitate business opportunities for startups from India and Japan.

According to Maruti Suzuki, the MoU was formally exchanged between Dr Tapan Sahoo, Executive Officer, Digital Enterprise, Maruti Suzuki and Takashi Suzuki, Chief Director General, JETRO India in the presence of Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki.

Under the MoU, Maruti Suzuki and JETRO will collaborate to support startups based in India to access the startup and innovation ecosystem of Japan, similarly, startups based in Japan will get an opportunity to access the startup and...