Business

MG Motor to incentivize ‘quick-to-produce’ ventilator design

New Delhi, April 2 (IANS) In its efforts against Covid-19, automobile manufacturer MG Motor India on Thursday commenced a challenge to find a quick-to-produce ventilator design.

Accordingly, post evaluation of ventilator design concept by medical experts, the company will give a grant of Rs 10 lakh under the MG Developer Program & Grant.

The carmaker will also provide production support for the proposed ventilator prototype at its Halol manufacturing facility to ensure swifter market deployment.

“Incentivizing medical innovation through a financial grant to the most viable prototype is the most effective channel to do our bit for the community,” said Rajeev Chaba, President and MD – MG Motor India.

The MG Developer Program & Grant was launched in September 2019 to nurture innovative ideas in the automotive space.

–IANS

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