STPI, the Software Technology Parks of India, will build twelve centres of excellence across the country to build products and solutions in health tech, IoT, and SmartAgri to nourish startups and small companies to operate on these solutions.
“These CoEs will play a key role in revving up R&D, IP creation, innovation, and product development, making our country a product nation in times to come.” Said Omkar Rai, director-general of STPI. Software Technology Parks of India will establish these centres in Bengaluru, Gandhinagar, Bhubaneshwar, Patna, Itanagar, and Gangtok.
The tech promotion body STPI already has over thirteen CoEs across the nation.
To nurture the startup ecosystem and design world-class software products by Indian startups, STPI has started establishing domain-centric centres of excellence(CoEs) in various emerging technology areas such as health tech, IoT, and SmartAgri.
“Reimagination, recreation, repositioning, and restoring are in the DNA of STPI. We are continuously repositioning evolving apropos the dynamic needs of the Indian IT sector. We have also brewed inclusiveness and competition in the work culture of the organization,” Rai said.
STPI started its journey from three centres. It now has 60 centres throughout the country, 52 of them located in Tier II and tier III cities.
The $194-billion IT industry, consisting of more than 18,000 firms that directly employ 4.47 million people, accounts for 8% of its gross domestic product (GDP).
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