DICV Partners With IITMIC To Accelerate Future Mobility Solutions

Leading commercial vehicle manufacturer, Daimler India Commercial Vehicles Pvt. Ltd. (DICV) signs a Memorandum of Understanding (MoU) with IIT Madras Incubation Cell (IITMIC) to introduce a technology centre for identifying solutions for the future of mobility. The DICV-IITMIC partnership was inaugurated at the IIT Madras Research Park to enhance mobility in the country. 

The brand has announced that under this MoU, DICV will partner with IITMIC to identify, mentor and provide opportunities to Indian technology start-up companies working out new and advanced mobility solutions in India. Interestingly, it is believed that DICV is the only OEM in India that has partnered with an academic institution like IITMIC for future mobility solutions.

Mr. Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles, said, “India is going through rapid industrial and economic changes and technology will be at the core of businesses and lifestyle going forward. Daimler Truck has always been at the forefront of technological development in the commercial vehicle space.

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We invested in India for the long term because we believe in its huge potential. DICV’s partnership with IITMIC is a watershed moment because this collaboration is based on a common belief that technology should be created and leveraged to transform the marketplace and not just product offerings.

We also believe that by investing in and nurturing bright Indian technology start-up companies we will contribute to India’s growing economy and sustainably lead the change in commercial vehicles, logistics and in the domain of mobility services.” He added. 

DICV also mentioned in a press release that their focus will be on all aspects like decarbonization (Electric, Hydrogen), Road safety (ADAS-based safety technologies), Efficiency (Autonomous, connected vehicles, Data Analytics) and Ecosystem creation (Truck as a Service “TaaS”) among others. 

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Furthermore, Prof. Ashok Jhunjhunwala, President - IIT Madras Research Park, IITM Incubation Cell said, “IITMIC is the leading deep-tech incubator in India. Daimler Truck is one of the foremost heavy vehicle manufacturers in the world. It designs vehicles for the world in India. As fossil-fuel-based vehicles get replaced by battery-powered or Hydrogen powered Electric Vehicles in the near future, innovation and pursuit of deep-tech start-ups in the area will be a major task. 

This Daimler India Commercial Vehicles-IITMIC joint incubator would strive to become a leading incubator, where young talent flourishes; further, it will become a think tank for a fossil-fuel-free world tomorrow. IITMIC and DICV will leverage our respective strengths to jointly provide mentorship and nurture start-ups by exchanging and participating in seminars, forums, events, and symposiums that will help drive solutions for future mobility.”