The Governing Council (GC) is the apex management body of STPI, which directs and oversees the overall functioning of STPI and provides policy direction. The other members of the Governing Council includes representatives from Ministry of Commerce, Ministry of Finance, Ministry of Home Affairs, Department of Telecommunications, Department of Electronics and Information Technology and IT industry associations.
Shri Ashwini Vaishnaw is the Cabinet Minister for Railways, Information & Broadcasting, and Electronics and Information Technology in the Government of India. He is a Member of Parliament in Rajya Sabha since 28 June 2019. He is an M.Tech from IIT Kanpur and an MBA from Wharton School of the University of Pennsylvania.
Exchange of MoUs
between
STPI & STPINEXT
&
Mathworks India Ltd. | Yes Bank Ltd. | Bank of Baroda | Freshworks | Pontaq Ventures | YourStory
India is one of the fastest digitizing economy of the world. The Covid-19 pandemic has compelled major workforce to go remote, which has led to an increasing number of companies investing in IT services.
This growing digitisation has given a fillip to the demand for data centres in the past few years. The increased data consumption during the lockdown has underscored the need for scaling up the data processing and storage requirements.
The increased dependence on digital technologies will continue into the post-Covid era as well, reaffirming the need for multi-tenant, hyperscale data centres.
Rising adoption of digital transaction, faster adoption of IoT and smart devices, growing scope for automation in manufacturing industries through Industry 4.0 technologies, proposed roll out of 5G technology, and potential for enormous data generation by the sectors such as EduTech, FinTech, HealthTech, GamingTech, ACES Mobility, and Entertainment & Media, among others, will accelerate the growth of data centres. Within the enabling environment, Data centres’ capacity is likely to jump to 1,100–1,200 MW by 2025 from the current 360 MW, as per a Crisil report.
The Ministry of Electronics and Information Technology (MeitY) recently introduced a draft Datacentre Policy that lays down the roadmap for this sector’s growth. Moreover, the Personal Data Protection Bill, 2019 also emphasises the need for local data storage. Infrastructure advantages of major metropolitan regions, together with submarine cable landing stations and low development costs, provide ripe ground for the emergence of data centres.
Nasscom predicts a staggering $7.1 billion cloud market by 2022, further strengthening the demand for data centres. This segment presents investment opportunities worth $4.9 billion by 2025, which could further surge as India progresses to become a leading Data Centre hub.
The upward trajectory will sustain in the data centre segment on account of more users coming into the fold of technology and proliferation of Industry 4.0.
A CBRE report forecasts technology, fintech, pharmaceuticals/healthcare, education and media and content to be the key drivers of the data centre segment. Furthermore, in the wake of the disruption of global supply chains, many firms are mulling to relocate their base to India, which augurs well for the growth of data centres. The granting of an industry status will further make the sector an attractive investment proposition.
The growth of data centres will lead to new business models for maintaining profitability and cost-effectiveness. The Everything-as-a-Service economy concept will gain currency to foster innovation and deliver a seamless customer experience. Robust digital infrastructure aided by futuristic data centres will accelerate digital transformation in enterprises and ensure their resilience in tune with requirements over time.
Demand for germination of humongous data, proposed data protection law, timely intervention in formulating polices and state and central governments’ sops, and digital inclusion will play a pivotal role in attracting investment in data centres and dispersing data centres to Tier-2/3 cities and creating skilled jobs.
The writer is Director-General of Software Technology Parks of India. Views expressed are personal
The Reserve Bank has launched the 2020-21 round of its annual Survey on Computer Software and Information Technology Enabled Services (ITES) Exports.
STPI invite sealed proposals from the Professionals/Firms/Companies for Appointment as Consultant for Segregation of Books of Accounts for the F.Y. 2020-2021.
STPI Hubballi has state-of-the-art Incubation Facility to encourage Small and Medium scale Enterprises (SMEs) to promote and motivate entrepreneurs in the field of IT/ITES in this region. STPI-Hubballi houses the first of its kind 'Incubation Center' designed for startup companies. 4000 sq. feet furnished infrastructure is fully equipped with computers, Internet, Telephone, Fax, and Xerox, and 24-hour technical support.
Incubation
Total
Seats
Available
Seats
Facility Address
A Block, 4th Floor, IT Park, Opposite Indira Glass House, Hubballi - 580029 Karnataka
To identify & support potential cutting-edge IT entrepreneurs especially in the field of Artificial Intelligence, Big Data, Animated Visual Graphics& IoT and significantly contribute towards product development, job creation and enhance economic health of the region.
STPI Incubation Centre, Plot No. C-184, Industrial Area, PhaseVIIIA, Sector 75, Sahibzada Ajit Singh Nagar, Punjab 160071
Sh. I.S. Paul, Chairman TiE Chandigarh and MD of M/s Drish Infotech Ltd.
Partners include
Core Partners: MeitY, STPI, STPINEXT, Govt of Punjab, ISB & PTU
AssociatedPartners: TiE Chandigarh, Chandigarh AngelNetwork&Indian Institute of Technology Ropar
Industry Partners: M/sInfosys Ltd., Google, M/s XenonStack Pvt. Ltd. M/s Seasia Consulting Pvt. Ltd., M/s Eduwaive Foundation, AWS, M/s Sabudh Foundation, M/s Talwar & Talwar Consultants Pvt. Ltd., M/s AgNext Technologies Pvt. Ltd., PGIMER, M/s Pugmarks Intercloud LLP, HDFC Bank, M/s Cybrain Software Solutions (P) Ltd, Indian Oil &Signicent LLP (IND & USA).
Research Partners: M/s SCL (Semiconductor Laboratory) & M/s CSIO (Central Scientific Instruments Organisation)
VC Partners: M/sModulor Capital & M/sChandigarh AngelNetwork
Artificial Intelligence (AI)
Data Analytics (DA)
Internet of Things(IoT)
Audio Visual Gaming (AVG)
Target Beneficiaries: 250 start-ups are expected to be benefitted over a period of 5 Years
The services available for the beneficiaries of Neuron shall include
o Physical infrastructure including state-of-the-art incubation and physical laboratories viz. Artificial Intelligence (AI), Data Analytics (DA), IoT (Internet of Things)&AVG Labs
o Mentoring
o Access to Financial Support ecosystem
o Technical Support
o Marketing Support
o Legal, Accounting & other support Services
• Prize Money of Rs. 50,000 to 10 Startups OnBoarding during OCP 3.0.
• Neuron Selected Startup will get access to a corpus of Rs. 10 Cr of VCFund specifically for AI domain through our Investment Partner - Modulor Capital.
• Neuron Selected Startups will get access to pitch to the 40+ Angels of our Investment Partner Chandigarh Angles Network.
Date: June 19, 2021
The India Business Process Outsourcing Promotion Scheme (IBPS) launched by the Centre has facilitated expansion of several IT and BPO companies in tier-II and III cities across the country and Tamil Nadu has become the second State in new job generation, the Software Technology Parks of India (STPI) said on Saturday. Under the IBPS Scheme, Andhra Pradesh is the highest in employment generation by creating 12,234 new jobs followed by Tamil Nadu at 9,401 while remaining was spread across Punjab, Odisha, Maharashtra, Jharkhand and Bihar, an official press release said.
Notification related to Employment Notice No. STPI/HQ/PDC/07/2020-2021/202/6 for the post of Project Manager for Meity Startup Hub
Applications are invited from eligible candidates for filling up a vacancy of Project Manager (2 nos.) The vacancy is proposed to be filled-upon contract basis for a period of three years which is likely to be extended/terminated depending upon the performance of the candidate during contract service. The appointment shall also come to end on the expiry of the project.
