HYDERABAD: MG Motor India, on Wednesday, concluded their MG Developer Program (MGDP) and Grant Season 4.0 and announced the finale winners. Themed 'Electric Vehicle – Innovate for India', the program was launched to expand the innovation platform for start ups, developers and innovators to create new ideas for Indian customers.
The MGDP 4.0 garnered participants who were students, innovators, inventors, startups, tech companies, and received over 250 entries out of which 88 entries were shortlisted. The top 14 teams were then further shortlisted to advance on to the virtual jury rounds held on May 17 and 18.
Commenting on the occasion, deputy managing director of MG Motor India, Gaurav Gupta said, “MG as a brand has a pertinent focus on green mobility with innovation as a core pillar, and MGDP S4 aims to foster knowledge sharing between the participants and think tanks, bring their ideas to life and promote India as a hub of innovation and technology.”
Celebrating the success of such initiatives, Start India head, Aastha Grover said, “With ever increasing focus on sustainability and clean energy, E-vehicles play a pivotal role in shaping this sector. Startups have been forerunners as the future leaders of disruptive technologies that continue to solve environmental problems.”
The MG Developer Program and Grant 4.0 was launched in collaboration with several leading organizations to support the next generation of innovators and entrepreneurs. MG Motor joined forces with key industry bodies such as Invest India and Startup India and leading technology players like Jio-BP, Exicom, Fortum, CESL, Attero, MapmyIndia, and Bosch, to foster an enabling ecosystem and empower developers, investors, and businesses to flourish.
The program witnessed participation from 4 charging infrastructure startups, 2 EV OEM startups, and 8 software-as-a-service (SaaS) providers, showcasing their ground-breaking work and driving advancements in the industry. These developers have been working tirelessly to create projects that have the potential to revolutionize the industry. The program has witnessed an overwhelming response from participants, who have contributed their ideas and innovations to make this season a great success.
