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Home Business

Digital UP is becoming leading Tech, Electronics Hub for India and world

by Economy India
December 27, 2021
Reading Time: 2 mins read
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SHARESHARESHARESHARE

Shall create opportunities for entrepreneurship, Global investments, create jobs and trigger economic growth – UPs youth will become job creators

According to a report in PIB, Rajeev Chandrasekhar, Union Minister of State for Skill Development and Entrepreneurship, Electronics and Information Technology will inaugurate STPI-Meerut, the 62nd Centre of STPI tomorrow in august presence of Rajendra Agrawal, Member of Parliament (Lok Sabha); Vijay Pal Tomar, Member of Parliament (Rajya Sabha); Somendra Tomar, MLA; Arvind Kumar, Director General, STPI and Bhuvnesh Kumar, Joint Secretary, MeitY at ITP-03, Near NH-58 Bypass, Vedvyas Puri Yojna, Meerut.

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Taking forward the vision of Prime Minister Shri Narendra Modi to ensure holistic development of IT to transform India into a digitally empowered society and knowledge economy, the inauguration of STPI-Meerut centre will play a catalytic role in empowering the tech start-ups & MSMEs of the tier – 2 cities and the region to boost software exports and create employment opportunities while attracting FDI and realising the vision of Digital Uttar Pradesh, the report said.

Under the jurisdictional directorate of STPI-Noida, the Meerut centre is the 54thcentre of STPI in Tier-2/3 cities. STPI-Meerut will play a significant role in expanding the IT footprint of Uttar Pradesh and empowering the budding tech entrepreneurs and innovators of Tier-2/3 cities to translate their unique ideas into innovative products.

With a total built-up area of 25,074 sq. ft., the state-of-the-art Incubation facility at STPI-Meerut provides Plug-n-Play space of 3,704 sq. ft. with 133 seats and raw incubation space of 2,021 sq. ft. while warranting high speed data communication facilities.

In FY 2020-21, STPI-registered units contributed Rs. 4,96,313 crore to IT/ITeS exports in which Uttar Pradesh contributed Rs. 22,671 crore, the report said.

The facility will offer a vibrant ecosystem for creating a maker culture among the young techno-entrepreneurs and startups while empowering them to develop innovative software products to address the challenges of India and the world at large. It will help in boosting the IT exports from the region and generating direct and indirect employment opportunities for the youth of the region.

Benefits of STPI Centre and Incubation Facility:

  • To promote the region as one of the preferred IT destinations and to attract IT/ITES/ESDM units to the State
  • To promote the export of IT Software and Services from the region thus contributing to Gross National Exports.
  • To provide Statutory Services under Software Technology Park (STP) & Electronic Hardware Technology Park (EHTP) Scheme.
  • To provide state-of-the-art incubation facility, High Speed Data Communication (HSDC) and other value-added services.
  • To encourage Innovation, creation of IPR & Product Development
  • Mentoring & Promotional support to start-ups
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Tags: Digital Uttar PradeshEconomic GrowthGlobal InvestmentsJobsSTPISTPI Centre
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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