STPI’s 32nd Foundation Day: Seminar Highlights Growth Opportunities for Indian IT Industry and Tech Ecosystem

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STPI Foundation Day Seminar: Unveiling Growth Avenues for Indian IT Industry and Tech Eco-system
STPI Foundation Day Seminar: Unveiling Growth Avenues for Indian IT Industry and Tech Eco-system

– Three MoUs Signed to Strengthen the Startup Ecosystem

– Release of Report: “Innovations in Agritech

New Delhi, Jun 5, 2023: Software Technology Parks of India (STPI) celebrated its 32nd Foundation Day with a seminar on “Growth Avenues for Indian IT Industry and Emerging Tech Ecosystem.” The event was graced by esteemed guests including Shri Alkesh Kumar Sharma, Secretary of the Ministry of Electronics and Information Technology (MeitY); Ms. Padmaja Ruparel, Co-Founder of IAN; Dr. Ganesh Natrajan, Chairman of 5F World & Honeywell India; Dr. Anand Deshpande, Founder of Persistent Systems; and Shri Ajai Chowdhry, Founder of HCL.

During the event, several Memorandums of Understanding (MoUs) were exchanged, including those between STPI Next Initiatives & BRC, SRM Institute of Science and Technology, and STPI Next Initiatives & India Angels Network. Additionally, collaborations were established between the Center for Entrepreneurship Development and STPINEXT initiatives, as well as the Incubation (CEDI) of the National Institute of Technology (NIT) Trichy. Furthermore, an agritech report titled “Innovations through Agritech: A Study on the Adoption and Impact of Technology on Agri and Agri-Allied Sectors” was presented, aiming to provide valuable insights into the current state of Agritech in India, the sector’s challenges, and the potential for growth and innovation.

As the chief guest, Shri Alkesh Kumar Sharma, Secretary of MeitY, congratulated STPI on its 32nd anniversary and outlined six pillars of IT development. The event served as a significant platform to discuss and explore opportunities for the Indian IT industry and the emerging tech ecosystem.

Shri Alkesh Kumar Sharma, Secretary, Meity, GOI
Shri Alkesh Kumar Sharma, Secretary, Meity, GOI

“Today, the world is talking about digital transformation. India is moving from e-governance to digital governance, where each service has to be online. The six major pillars of development that make India an IT superpower are connectivity, low-cost data, affordable devices, people-friendly policies, future-ready talent, and cyber security,” said Shri Alkesh Kumar Sharma, Secretary, MeitY.

Shri Arvind Kumar, Director General, STPI, who delivered the welcome address, said, “It’s a proud moment for all of us as we have completed 32 years of serving the IT/ITES industry. Over these last three decades, STPI has achieved many milestones. STPI mitigated the 3 basic concerns of the industry including ease of doing business, high-speed internet, and computing devices.”

Shri Ajai Chowdhry, Founder & Chairman, HCL, said “India and STPI need to move towards high-value addition and products. The world is changing and we should be looking at where India’s next opportunity lies. STPI has created a fantastic support system for the software industry. They have been exceedingly successful in proving that enabler which was essential to get it started and to scale. Now, we have to move towards high value-addition,” he added.

Esteemed panelists including Shri Bhuvnesh Kumar, Additional Secretary, Ministry of Electronics and Information Technology; Shri Suresh Raman, Vice President and Regional Head Chennai, TCS; Ms. Sairee Chahal, Founder & CEO, SHEROES & Mahila Money; Shri Sridhar Muppidi, Co-Founder, PurpleTalk India Private Limited; Dr. Shakti Goel, Chief Architect and Data Scientist, Yatra Online Limited and Shri Suryansh Jalan, President, FarEye Technologies deliberated on “IndiaAhead: TechAde of opportunities and STPI’s role in promoting emerging technologies ecosystem”.