STPI creating robust tech ecosystem for budding entrepreneurs: Minister

STPI, under the Ministry of Electronics and Information Technology (MeitY), has launched a new incubation facility at Salt Lake, Kolkata to promote entrepreneurship and IT exports from West Bengal.

“India is on a transformative journey to become the global hub of technology and innovation. The inauguration of the new STPI incubation facility in Kolkata is a testament to our unwavering commitment to fostering innovation, nurturing startups and promoting inclusive growth across regions,” said Prasada.

STPI has been instrumental in creating a robust tech ecosystem by providing state-of-the-art infrastructure, incubation support, and a platform for budding entrepreneurs to thrive.

“As we stride forward in the era of Artificial Intelligence and data-driven innovation, India is focused on developing its own AI models and GPUs, ensuring equitable access for researchers, students and startups,” the minister noted.

With vast data resources and the government’s commitment to expanding technology access beyond metropolitan cities, “we are bridging the digital divide and unlocking opportunities in Tier-2 and Tier-3 cities”, he maintained during his address.

STPI operates 67 centres across India, with 59 in Tier-2 and Tier-3 cities, ensuring inclusive growth and fostering entrepreneurship beyond metro hubs, including Kolkata, Kharagpur, Siliguri, Haldia, and Durgapur in West Bengal.

The organisation has also established 24 domain-specific Centres of Entrepreneurship (CoEs) focused on HealthTech, MedTech, Blockchain, IoT, and Agritech, among others.

According to Arvind Kumar, Director General, STPI, the incubation centre will provide world-class infrastructure, mentorship, and market access for startups, enabling them to drive innovation in frontier technologies such as AI, IoT, Blockchain, and FinTech. “The Indian government is taking decisive steps to strengthen AI capabilities and enhance computing infrastructure to position India as a leader in the global technology landscape,” Kumar stressed. (IANS)

Latest News

Bitter Apple : Refuses to share financial data for CCI case; final hearing on May 31

Blitz Bureau NEW DELHI: Apple has not submitted data sought...

Air India advances retrofitting of fleet

Blitz Bureau NEW DELHI: It was once the national carrier....

Meta chasing mouse :To start capturing employee keystrokes for AI training data

Blitz Bureau NEW DELHI: Meta is installing new tracking software...

Big problems of small units: Access to credit, technology and markets remains elusive

Blitz Bureau NEW DELHI: As India strides toward its goal...

Topics

Bitter Apple : Refuses to share financial data for CCI case; final hearing on May 31

Blitz Bureau NEW DELHI: Apple has not submitted data sought...

Air India advances retrofitting of fleet

Blitz Bureau NEW DELHI: It was once the national carrier....

Meta chasing mouse :To start capturing employee keystrokes for AI training data

Blitz Bureau NEW DELHI: Meta is installing new tracking software...

Maturing: Up and beyond Ecosystem enters disciplined, profit-first era of governance

Parth Nadpara NEW DELHI: India’s start-up ecosystem has entered a...

Political payday of power & perks

Prabhu Chawla NEW DELHI: Democracy is a sacred social settlement...
spot_img