Daimler India join forces with IIT Madras Incubation Cell to develop mobility solutions

A Memorandum of Understanding (MoU) was signed by IIT Madras Incubation Cell (IITMIC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a wholly-owned subsidiary of Daimler Truck AG, to establish a technological hub to find medium- to long-term solutions required for the future of mobility. The DICV-IITMIC relationship was officially launched today at the city's IIT Madras Research Park.

In accordance with the terms of the MoU, DICV will collaborate with IITMIC to locate, mentor, and offer chances to Indian technology start-up businesses that will seek out cutting-edge solutions for the Indian Mobility Space in the upcoming years. The first and only OEM from the Indian car industry to collaborate with an academic institution like IITMIC on future mobility solutions is DICV.

Future mobility-related Indian technology start-ups will be collaboratively incubated by the DICV and IITMIC Incubator. The industry will be prepared for paradigm shifts in supply chain and logistics, manufacturing, product development, software-driven vehicle architectures, environmental sustainability, and other related areas. The focus will be on all aspects such as decarbonization (Electric, Hydrogen), road safety (ADAS based safety technologies), efficiency (Autonomous, connected vehicles, Data Analytics), ecosystem creation (Truck as a Service "TaaS"), and even prepare the industry for these shifts.

To boost the innovation and startup ecosystem across India, DICV-IITMIC will draw on DICV's expertise in commercial vehicles and IITMIC's academic competence. The collaboration will allow DICV to promote innovation in cutting-edge and developing technologies in order to jointly develop long-term mobility solutions, which is the next stage of India's economic development.

This is India's first university-based research park and incubator cell, and it is located at IIT Madras Research Park. With a goal of advancing solutions for future mobility, it is India's top center for deep-tech startups. A Memorandum of Understanding (MoU) was signed by DICV and IITMIC, and the Co-incubation Cell was established at the IIT Madras Research Park.