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Objective: To create conducive environment for startups and budding entrepreneurs in in ACES mobility space by providing a robust ecosystem with ready workspace, labs, mentoring, training for industry recommended courses, funding, marketing, IPR/Patenting, legal, and accounting support.
Focus Areas: Autonomous Vehicle, Electric Vehicle, Connected Vehicle, Shared Vehicle, Battery Technology & BMS, and Charging Infrastructure.
Location: Pune is the epicentre of automobile manufacturing and auto allied industries. Large automotive companies like Tata Motors, Mahindra & Mahindra, Mercedes Benz, General Motors, Volkswagen, Fiat, Force Motors (Firodia Group) and Kinetic Motors have their manufacturing centres in and around Pune. Several automotive component manufacturers like Saint-Gobain Sekurit, Tata Autocomp Systems Limited, Robert Bosch GmbH, ZF Friedrichshafen AG, Visteon, and Continental Corporation are in this region. Moreover, Pune has emerged as a hub for high-tech companies catering to all segments of the Electronics/IT value chain. As the hub of automotive & high-tech industries, Pune qualifies to be the right location for setting up MOTION CoE.
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Scale your Start-up with the Motion CoE, Pune
Partners: The partners include Ministry of Electronics & Information Technology (MeitY), STPI, AIC STPINEXT, Govt. of Maharashtra, Tata Motors, Kinetic Group, Intel, MathWorks, Visteon Technical and Services Centre Pvt. Ltd., Automotive Research Association of India (ARAI), Society of Automotive Engineers INDIA (SAEINDIA), TiE Pune and College of Engineering, Pune.
Target Beneficiaries: It is targeted to incubate 51 startups over a period of 5 years.
Duration: The CoE is proposed to be operational for five years from the date of its operation.
Budget & Source of Funding: A budgetary outlay of Rs. 20 crore shared by MeitY (Rs. 8 crore), STPI (Rs. 5.75 crore), and Govt. of Maharashtra (Rs. 6.25 crore).
No. of Mentors: 8
Achievements: 18 startups onboarded
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Executive Chairman and Founder of 5F World
Director STPI PUNE
To create conducive environment for startups and budding entrepreneurs in in ACES mobility space by providing a robust ecosystem with ready workspace, labs, mentoring, training for industry recommended courses, funding, marketing, IPR/Patenting, legal, and accounting support.