Under the program, MG and its partners will offer grants ranging from Rs 5 lakh to Rs 25 lakh to worthy projects.
MG is starting a new program by partnering with major tech firms such as Adobe, Cognizant, SAP, Airtel, TomTom and Unlimit to drive innovation in connected cars, EV components, battery technology, navigation and autonomous cars, and customer experiences. This program is being undertaken to provide funding to new projects by startups and innovators.
Below are some of the salient features of the program followed by the full press release:
It will present an opportunity to startups and innovators to procure funding ranging from Rs 5 lakh to Rs 25 lakhs.
It will also help in application of the ideas, business plan and modelling of the idea.
MG Motor entered the Indian market in June 2019 with the launch of the Hector SUV.