Software Technology Parks of India

March 12, 2024

Recently, the Software Technology Parks of India (STPI) launched its Center of Entrepreneurship (CoE) - FinGlobe.

About Software Technology Parks of India:

  • It is a premier autonomous Science and Technology organization under Ministry of Electronics and Information Technology (MeitY).
  • It is engaged in promoting IT/ITES Industry, innovation, R&D, start-ups, product/IP creation in the field of emerging technologies like IoT, Blockchain, Artificial Intelligence (AI), Machine Learning (ML), Computer Vision, Robotics and Robotics Process Automation (RPA) etc.
  • Objectives
    • To promote the development and export of software and software services including Information Technology (I.T.) Enabled Services / Bio-IT.
    • To provide statutory and other promotional services to the exporters by implementing Software Technology Park/ Electronics and Hardware Technology Park Schemes and other such schemes this may be formulated and entrusted by the Government from time to time.
    • To provide data communication services including value added services to IT / IT Enabled Services related industries.
    • To promote micro, small and medium entrepreneurs by creating conducive environment for entrepreneurship in the field of IT / IT Enabled Services.
  • Significance: These centres have been playing a pivotal role in boosting IT/ITeS/ESDM exports from the respective region, generating employment, and fostering startups to develop software products.

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