Published

IT services export from STPI register unit crossed Rs 9 trillion in FY24

Date: June 06, 2024

IT services export from STPI register unit crossed Rs 9 trillion in FY24

IT services exports from STPI-registered units have crossed Rs 9 lakh crore in the 2024 financial year, a senior official said on Wednesday.

While speaking at the 33rd Foundation Day of Software Technology Parks of India, Director General Arvind Gupta announced an initiative towards developing India's sovereign cloud journey under the brand name 'Ananta', which will be a hyperscale cloud made by Indians for Indians.

Apart from the conventional Compute Infrastructure Services (IAAS), Ananta will also offer PAAS, SAAS and GPU-based services.

"STPI has played a very crucial and important role for nurturing the IT industry so that it could have reached this stage. The exports from STPI registered units have also reached Rs 9.19 lakh crore," Gupta said.

The STPI registered units in the first year of its establishment in 1991 reported exports of Rs 17 crore. STPI at the event signed a memorandum of understanding with Sabudh Foundation for creating skill-development initiatives and nurturing the entrepreneurial training ecosystem in DeepTech for Engineering Graduates.

An MoU was exchanged between STPINEXT initiatives and DBS Bank India aimed at strengthening the tech startup ecosystem in India.

Gupta said that STPI now has 65 centres out of which 57 centres are in tier 2, tier 3 city..
"The (IT) Ministry has mandated us to expand entrepreneurship, expand IT-ITes industries to tier 2, tier 3 cities. As a result of that, we have 55 centres across the country which are in tier 2 and tier 3 cities. We have created a lot of employment, lot of revenue, and migration of BPO's to tier 2 and tier 3 cities," Gupta said.

He said that STPI created 24 centres for entrepreneurship across the country, which are domain-specific and it is nurturing more than 1,000 startups in the country.

"Start-ups require a lot of cloud services. Therefore we are also going to launch one platform in a PPP mode with Yotta. It will be called Ananta, where we can provide cloud services to start-up, small IT industries. It will help them in developing deep tech products," Gupta said.

Read more...

STPI Celebrated 33rd Foundation Day in New Delhi

Date: June 05, 2024

STPI Celebrated 33rd Foundation Day in New Delhi

Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and Information Technology (MeitY), celebrated its 33rd Foundation Day on 5th June 2024 at a special event held in New Delhi, Delhi).

The foundation day event was held under the theme "Positioning Bharat as a Tech Product Nation".
Significance: STPI, founded on 5th June 1991, commemorates over 3 decades of exceptional contributions towards the Indian technology sector in areas of software exports
and also promoting modern tech startup ecosystems.

Key People present during the event: 

  • S. Krishnan, Secretary(MeitY)
  • Arvind Kumar, Director General (DG) of STPI
  • Vishal Dhupar, Managing Director (MD) of NVIDIA
  • Tejas Goenka, MD of Tally Solutions

Highlights of the Event:

  1. STPI launched two new web portals, SayujNet, a networking and resource discovery platform, and STPI-Workspace, an STPl Workspace portal, to strengthen the tech startup ecosystem in terms of networking and affordable incubation space in India.
    • These portals aim to bolster the tech startup network and offer affordable incubation initiatives in India.
  2. STPI also announced its new initiative under the brand name "Ananta", to develop a strong cloud network made by Indians for Indians.
    • This will offer various cloud computing services such as Software as a Service (SAAS), Platform as a Service (PAAS), Infrastructure as a Service (IAAS) and Graphical Processing Unit (GPU).

 

Read more...

Expanding IT sector to tier-2 and tier-3 cities our top priority: STPI DG Arvind Kumar

Expanding IT sector to tier-2 and tier-3 cities our top priority: STPI DG Arvind Kumar

  • 05-06-2024
Director General, STPI

"STPI’s strategy has focused on creating a supportive ecosystem around tier-2 and tier-3 cities, which have traditionally been less engaged by the IT industry. Out of our 65 centres, 57 are located in tier-2 and tier-3 cities," said DG STPI Arvind Kumar.

Over the past three decades, India’s Information Technology and Information Technology Enabled Services (IT/ITeS) industry has evolved significantly, with revenues reaching $250 billion. The Software Technology Parks of India (STPI) has played a crucial role in this development, supporting the industry, fostering technological innovation, and expanding the IT sector to tier-2 and tier-3 cities, according to a senior official.

“We started our journey with three centres, and today we have a presence in 65 centres across the nation,” said Arvind Kumar, Director General of STPI, adding that his organisation’s efforts have contributed to IT/ITeS services revenue and exports from STPI-registered units rising to Rs 9.19 lakh crore.

Kumar asserted that STPI’s strategy has focused on creating a supportive ecosystem around tier-2 and tier-3 cities, which have traditionally been less engaged by the IT industry. “Out of our 65 centres, 57 are located in tier-2 and tier-3 cities,” Kumar said, highlighting that the expansion aims to decentralise the IT industry, promote regional growth, and foster a more inclusive economic landscape.

“We have been the implementing agency for various projects of ministry. One of them is the India BPO Promotion Scheme (IBPS), which has created numerous employment opportunities, generated significant revenue, and facilitated the migration of BPOs to tier-2 and tier-3 cities,” Kumar added.

The premier S&T organisation under the Ministry of Electronics and Information Technology (MeitY) is also managing the central government‘s Electronics Manufacturing Cluster (EMC) 2.0 scheme, which provides financial assistance for setting up EMC projects and Common Facility Centres (CFCs) across the country to strengthen the linkage between domestic and international markets by enhancing supply chain responsiveness, consolidating suppliers, reducing time-to-market, and lowering logistics costs.

So far, five projects in Andhra Pradesh, Haryana, Maharashtra, Uttarakhand, and Karnataka have been approved, with additional project approvals in the pipeline. According to Kumar, this approach of dispersing BPOs and creating electronics manufacturing clusters across different regions aligns with the ministry’s directive to nurture entrepreneurship and bolster the IT/ITeS sector in these regions.

Beyond IT/ITeS, STPI has made significant inroads into the startup ecosystem by establishing 24 domain-specific Centres for Entrepreneurship (CoEs), supporting over 1,000 tech startups in areas such as blockchain, AI, IoT, Health Tech, and AR/VR. Its LEAP AHEAD programme, which provides intensive mentorship to startups, has been particularly successful.

“Under this programme, 90 startups received extensive mentorship, and 25 were taken to the TiE-Silicon Valley programme, where many secured funding for their technologies,” said Kumar.

Further recognising the need for collaboration among startups, STPI has launched SayujNet on its 33rd foundation day, a platform designed to connect startups with mentors and investors. “Multiple startups working in the same domain sometimes need to supplement or complement each other. SayujNet will bring tech startups under one umbrella,” explained Kumar.

To modernise the allocation of incubation space, which has traditionally been a cumbersome process involving physical interaction, STPI has introduced a portal for online booking of incubation spaces across its centres.

“We are modernising our incubation space allocation. Currently, space is allocated through physical interactions between the STPI Directorate and IT/ITeS industry executives. We are now creating a portal for online booking of space across the country,” said Kumar.

“Whether you have an office in STPI Pune but need space in STPI Gurgaon, or you are based in Bhagalpur and need space in Gurgaon, you can book it online,” he said.

With a focus on skilling, reskilling, and the role of next-generation technologies such as artificial intelligence, STPI has collaborated with the Sabudh Foundation to provide technology training. It has also partnered with Yotta Data Services, which recently collaborated with NVIDIA, a major AI chip maker, to develop India’s sovereign cloud under the brand name “Ananta,”.

“Beyond conventional compute Infrastructure-as-a-Service (IaaS), Ananta will also offer Platform as a Service (PaaS), Software as a Service (SaaS), and GPU-based services, providing essential support to startups and small IT industries in developing deep tech products,” said Kumar.

Discussing the future, Kumar said that STPI aims to continue supporting the growth of the IT sector, fostering innovations, and ensuring that India remains competitive in the global digital economy.

“Today’s celebration reflects on our past achievements and envisions the future, reaffirming our commitment to excellence, innovation, and inclusivity. We are here to celebrate the spirit of collaboration and partnership that has been instrumental to our success. Together, we will build on the strong foundation laid over the years and achieve even greater heights,” he said.

33rd Foundation Day of STPI

33rd Foundation Day of STPI

  • Start Date 05-06-2024
  • End Date 05-06-2024
  • Type Foundation Day
  • Display Flagship Events
  • Venue The Ashok

Established on 5th June 1991 by the Ministry of Electronics and Information Technology after merging 3 STPs, STPI has been instrumental in facilitating software exports and driving the growth of the Indian IT/ITES industry to newer heights. It provides a conducive ecosystem for software companies, startups, and entrepreneurs, enabling them to thrive in a highly competitive global market. Today, STPI celebrates its 33rd Foundation Day amidst inspiring speeches by industry leaders, showcasing key achievements and milestones of STPI over the last three decades and compelling panel discussions on the future of the IT/ITeS industry.

AIC STPI Bengaluru OCP 6.0

AIC STPI Bengaluru OCP 6.0

  • Start Date 30-05-2024
  • End Date 01-07-2024
  • Type Open Challenge
  • Display Flagship Events
  • Venue Online

ABOUT

STPI in collaboration with Atal Innovation Mission (AIM), NITI Aayog have started Atal Incubation Centre in Bengaluru for innovative start-ups working in specific domains. AIC STPI Bengaluru is Centre of Entrepreneurship (Incubator) that work to support, promote and grow culture of innovation leading to start-ups & successful entrepreneurs. AIC STPI Bengaluru focus areas are Healthcare, ICT, IoT, Electronics & E-Commerce etc.
OCP 6.0 i.e Open Challenge Program nothing but Incubation Cohort to shortlist quality Ideas/Startups in the following domain/focus areas.

FOCUS AREAS

• Healthcare
• ELECTRONICS
• ICT
• IoT
• E-Commerce

Know more

Research Assistant

Employment Notice: STPI/GGN/TECH/COE/APIA/2022-2023/1-Part(2)

Applications are invited online from the eligible candidates for the position of Research Assistant (01 no.)  for Apiary-Centre of Entrepreneurship (CoE) at Gurugram. 

Back to Top