Tag: STPI

Business

“Exports through STPI units have grown from Rs. 17 crores in FY92 to Rs. 5.69 lakh crore in FY22” Shri Arvind Kumar, Director General, STPI

Jun 6, 2022 by Agency 0 Comments #Director General, #Exports, #Shri Arvind Kumar, #STPI

Software Technology Parks of India (STPI) under the Ministry of Electronics and Information Technology (MeitY), Government of India working with the objective of encouraging, promoting, boosting Software Exports, and nurturing the startup ecosystem in the country celebrated 31st Foundation Day on the 6th June 2022.

“Exports through STPI units have grown from Rs. 17 crores in FY92 to Rs. 5.69 lakh crore in FY22, this has happened because we have been an enabler, we have never acted as a regulator. We have shown to this world that if you want to see the growth of industry, in place of regulating it, enable it,” underlined Shri Arvind Kumar.

In line with the resounding success of the Indian IT services industry, STPI is now also augmenting itself to become a catalyst to make India a Startup and Product Nation. In this endeavor, STPI has launched 20 Centres of Entrepreneurship and 12 NGIS centres across the country to accelerate innovation-led entrepreneurship in emerging technology domains.

Speaking on the inaugural address at the 31st Foundation Day ceremony Shri Arvind Kumar, Director General of STPI congratulated all the employees and said, “STPI has won the trust of all stakeholders including government & industry in STPI and this trust infuses transparency in the organization.”

STPI started its journey from 3 centers and now has 62 centers pan-India with 54 centres in Tier II and Tier III cities. Today, the US$200-plus billion IT industry, comprising 18,000-plus firms that directly employ 4.47 million-strong workforce, that contributes 8% of GDP is a testimony to the STPI’s resolute performance in transforming the Indian IT industry into a global outsourcing destination for software exports.

The first historic event that heralded the genesis of the IT Industry in India was the establishment of three Software Technology Parks at Bhubaneswar, Bengaluru, and Pune in 1989. Consequently, on 5th June 1991, these three STPs were merged to create a single entity Software Technology Parks of India.

Business, News

Pandemic creates opportunities to enhance Indo-US tech ties…

Aug 2, 2021 by Rekha Nair 0 Comments #Director General, #Director of North India, #Dr. Omkar Rai, #Government of India, #Indo-American Chamber of Commerce-NIC, #Ministry of Electronics and Information Technology, #Mr. Michael Rosenthal, #STPI, #US Embassy

Pandemic creates opportunities to enhance Indo-US tech ties

New Delhi: As the online and technology space witnessed great strides amid the Covid-19 pandemic, the India-US relations in terms of information & technology have scope to growth further in much greater pace.

Speaking at the 2nd Indo-US Services Summit organised by Indo-American Chamber of Commerce-NIC on Information & Technology (IT) and digital transformation, Dr. Omkar Rai, Director General, STPI, Ministry of Electronics and Information Technology, Government of India, noted that technology is a major binding force in the Indo-US relations.

“India and US relationship is so complementary. Their interest is also technology-based, our cultivation, collaboration lies in technology,” Rai said.

Saying that amid the lockdown India witnessed transformation and disruption, he added that the digital readiness of the nation was tested during the time.

The leap in terms of digital economy and online processes which India has achieved in the past one month is because of the robust IT services sector in India, he added.

“As we saw the pandemic’s impact in hospitality, tourism, we also saw great progress in other sectors such as education as we started online classes immediately,” he said, adding that going ahead much more immersive and animated content will need to be created.

Such efforts are going to create a lot of opportunity in the technology to digitise the entire ecosystem.

Mr. Michael Rosenthal, Director of North India, US Embassy, noted that IT is a vital sector as digitalization has become important for inclusive and sustainable development of both Indian and US economies.

Noting that India’s digital economy annually generates $20 billion dollar, he said: “In the US Embassy, it is considered that in terms of businesses, US is the largest partner of Indian IT players.”

Stressing on India’s standing in the global front in terms of IT, Rosenthal added that India offers major scope for global players.

Highlighting India’s booming digital technology space, Arun Karna, Regional Vice President of IACC, observed that since the pandemic has seen the adoption of digital technology has increased rapidly.

Other speaker in the session was Mr. Anup Purohit, Executive Council Member & Global Chief Information Officer, Wipro Ltd, Ms. Mamatha Madireddy, Centre Director GSC Hyderabad, Chennai, Kolkata, Vizag, HSBC and Mr. Rajesh Thakur, CEO, MothersonSumi INfotech & Designs Ltd (MIND).

The virtual summit 2nd Indo-US Services Summit on Leveraging Services Sector to Trigger Post –COVID 19 Economic Recovery”, which involves stakeholders from India and the US is a step towards creating newer ideas to ensure recovery of the sector. It is also an attempt to discern the present state, compile challenges and to evolve a consensual roadmap for inducting dynamism in those segments in a time bound manner.

Select segments that were focused during discussions were travel, tourism & hospitality, healthcare, energy, media & entertainment.

News, Technology

STPI organized webinar on IoT, ESDM, 5G & Cybersecurity on the third day of IISF 2020

Dec 26, 2020 by Rekha Nair 0 Comments #Arvind Consultancy, #CEO, #Chairman, #DG, #Director, #Dr. Omkar Rai, #Dr. P Siva Kumar, #Dr. Satya Gupta, #ESI MedTek, #Ex VP, #Founder & CEO, #IESA, #IIIT Hyderabad, #MD, #Prof. Ramesh Loganathan, #Samsung R&D India, #Shri Ochintya Sharma, #Shri Sanjeev Keskar, #Shri Subodh Sachan, #Shri Taranjit Singh, #STPI

On the third day of IISF 2020, Software Technology Parks of India (STPI) organized webinar on IoT, ESDM, 5G & Cybersecurity. The deliberations on various emerging technologies over last three days at New Age Technology Show would encourage startups, innovators & tech entrepreneurs to further strengthen the innovation journey in the country.

The Internet of Things (IoT) is a unique domain that brings the ESDM industry and the IT industry together. Smart devices rely on innovation in the ESDM industry to efficiently aggregate and transmit a huge amount of data. The IT industry, on the other hand, has a major role to play in extracting intelligence from this information, and leveraging it to make smart devices responding to triggers in real time. IoT can play a significant role in the revolution of hyper-connectivity by bringing data & intelligence to the forefront of human welfare and economic progress of the country.

“Innovation is the fuel for growth. Today, India is among top 10 nations in innovation, patent creation & publishing across the world. STPI CoEs are revving up the tech innovation paradigm by fostering startups,” stated Shri Subodh Sachan, Director, STPI, in his welcome address.

“Dealing with Edge computing is a paradigm shift in appropriating the application of IoT with small & big data. This will differentiate the success of IoT adoption for project-specific purposes by various industry verticals. IoT is a combination of diverse technologies ranging AI, Cloud, Data, Edge, computing, sensors & semiconductors. While building IoT solutions, we must focus on complexity of technology & their applications,” expressed, Shri Ochintya Sharma, Ex VP, Samsung R&D India in his keynote address.

“Collaboration between academia & industry in translating academic R&D into market-ready products & solutions is critical for technology innovation. Living Lab at IIIT Hyderabad is facilitating R&D for scaling solutions for urban areas. Living It is revving up collaboration among stake holders, fostering innovation & acceleration programs to address the urban challenges & developing scalable solutions for smart cities,” cited Prof Ramesh Loganathan, IIIT Hyderabad.

“IoT plays a pivotal role for all verticals of ESDM industry. From automotive to smart city & home appliance, and utilities to industrial automation, IoT can provide massive opportunities for startups,” underscored Shri Sanjeev Keskar, CEO, Arvind Consultancy.

“Time is opportune for transforming contract manufacturing into building indigenous electronics products. PLI scheme will revolutionize ESDM industry in India and we must focus on R&D and design competency. STPI & IESA have built the foundation for R&D, innovation, product development & IP creation in ESDM by setting up STPI Eletropreneur Park (EP). Startups can leverage it to realise the national priorities by building innovative technologies,” emphasized, Dr. Satya Gupta, Chairman, IESA.

“IoT-enabled MedTech is focused on healthcare management by collecting data from diverse sources & providing affordable & accessible solutions. Point-of-care devices deliver the data for analysis, diagnostic & treatment,” cited Dr. P Siva Kumar, MD, ESI MedTek.

“We must devise on-Edge IoT solutions to address the agriculture problems. Startup should focus on the mechanism of data gathering from the diverse systems & devices on Edge to create innovative solutions for agriculture,” quoted Shri Taranjit Singh, Founder & CEO, Agnext World.

At the concluding session of New Age Technology Show, the winners of Innovation Showcase for Emerging Technology were announced. Total 28 entries received in three different categories, 12 were in AI-ML & Data Analytics (on 22nd Dec 2020), 6 were in AR/VR/MR/XR (on 23rd Dec 2020) and 10 were in IoT-ESDM (on 24th Dec 2020). Out of which 17 were displayed during the event. Liger Mobility in AI-ML & Data Analytics, Healthy Lung Initiative in AR/VR/MR/XR (HELI) and NextLeap Aeronautics in IoT-ESDM were declared winners.

Dr. Omkar Rai, DG, STPI did the honour of announcing the winners of various emerging technology innovations and appreciate the spirit of all the startups who submitted their innovations for showcasing in New Age Technology Show.

“New Age Technology Show is an engaging segment of IISF 2020 with participation from industry, academia, startups & students. Such events are paramount to drive the country’s innovation journey & making India a global innovation leader,” stated Dr. Omkar Rai, DG, STPI.

Business World

India International Science Festival 2020 witnesses innovative interventions to contribute towards the building of a self-reliant India

Dec 24, 2020 by Rekha Nair 0 Comments #Director, #Director General, #Dr. Omkar Rai, #Hon'ble Prime Minister Shri Narendra Modi, #IIT Kanpur, #Prof. Abhay Karandikar, #Shri Subodh Sachan, #STPI, #STPI INDIA & MD & CEO, #STPINEXT, #The India International Science Festival

Hon’ble Prime Minister Shri Narendra Modi inaugurated the 6th edition of India International Science Festival 2020 (IISF 2020) on 22nd December 2020. The theme of the event is ‘Science for Self-Reliant India and Global Welfare.’ The objective of the event was to provide a platform to participants to contribute towards nation-building by coming up with novel solutions to societal problems, that would, in turn, result in reciprocation of knowledge & emergence of ideas for the national interest. The identified Plenary Sessions “Igniting Young Minds for Solution centric STI Interventions.”  The India International Science Festival (IISF) will provide the spark of innovativeness and a strong belief in science and scientists among the country’s citizens that will catapult the country into becoming a world leader.

As a part of the IISF 2020, a special event titled “New Age Technology Show” is being organized by Software Technology Parks of India (STPI). The event shall witness various sessions spread across three days, and aims to encourage innovation in the field of emerging technologies such as AI-ML & Data Analytics, AR/VR/MR/XR and many others, cutting edge technologies like IoT, Electronic system Design & Manufacturing (ESDM), Blockchain, 5G, Cyber Security, etc. across the country for making India a Product Nation.

Kickstarting the New Age Technology Show inaugural session, Dr. Omkar Rai, Director General, STPI, underlined, “IISF 2020 is going to be the largest science & technology show in the world to celebrate innovations. Young innovators and startups can leverage emerging tech to build disruptive products & solutions to address the challenges of society.”

He further added, “Industry 4.0 technologies can revolutionize the landscape of research, innovation & product development while boosting the economy of India.”

“New age technologies like AI & Data Analytics will revolutionize the manufacturing and supply chain sectors. The next decade is crucial for India to take a lead globally in emerging technologies innovation,” cited Prof. Abhay Karandikar, Director, IIT Kanpur at New Age Technology Show at IISF 2020.

On this occasion, Shri Subodh Sachan, Director, STPI INDIA & MD & CEO, STPINEXT in his welcome address emphasized, “AI systems are touching our lives in a more integrated way across various mundane and industrial tasks and accomplishing them with greater accuracy, precision, and efficiency.”

New Age Technology Show was followed by a session on Technology Deliberation & Innovation Showcase on AI-ML & Data Analytics.  Brilliant thought leaders from Government, industry and academia deliberated on the cutting-edge technologies.  Dr. B. K. Panigrahi, Professor, Department of Electrical Engineering, IIT Delhi,  Dr. Mausam, Professor & Head, CSE and School of AI, IIT, New Delhi, Shri Umakant Soni, Co-founder AIfoundry at Chapter AI Bengaluru, Karnataka, India, Dr. Kalyan Netti, Principal Scientist, CSIR-National Geophysical Research Institute, Hyderabad, Shri. Ajinkya Malasane, Co-Founder at Playment.

Business World

Electropreneur Park invites proposals from Electronic and Hardware startups for its 7th Cohort

Sep 1, 2020 by Gouri Achary 0 Comments #Delhi, #Electropreneur Park, #Incubation and Virtual Acceleration Program, #Ministry of Electronics and Information Technology, #STPI

New Delhi, 1st September 2020: Electropreneur Park, Delhi, invites proposals from startups from across the country for its Incubation and Virtual Acceleration Program. The Delhi based incubation centre, a project of STPI and funded by the Ministry of Electronics and Information Technology, is one of the first ones rising to the needs of the ESDM sector.

  • Inviting proposals from ESDM startups for Incubation and Virtual Acceleration Program
  • 6 successful Cohorts completed; 40 startups with 25 Incubated and 7 pre-incubated
  • INR 43 Crore revenue generated by startups till date
  • 21 new products developed; 25 working prototypes developed
  • 30 Patents filed ( Includes 19 provisional Patents)
  • INR 250 Cr value created by startups

The incubation centre is in its 7th Cohort now after extremely successful six rounds over the past 5 years. Electropreneur Park has mentored 40 startups till date, out of which 25 have availed the incubation facilities and 7 have been pre-incubated since April 2016.

In addition to providing workspace to the selected entrepreneurs, the initiative also provides the Incubated entrepreneurs, access to state-of-art RF & Power laboratories as per international standards, mentorship by domain experts from industry and academia, efficient supply chain and eco-system that supports a bouquet of shared services and facilities to the incubatees like fast prototyping, taxation, legal, finance, accounting, patent search, training, interns, business counselling, opportunities to mobilise funds through a network of investors.

Last date of Application is- 30th September, 2020