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STPI Plans to Set Up 25 CoE All Over India

The Software and Technology Parks of India (STPI) has shared that with the support of the government it is planning to establish 25 centres of excellence (CoE) across the country in different emerging technology areas.

STPIThe government is planning to support 1500 startups through these CoEs and has created a budget of Rs 400 crore, said Omkar Rai, Director General, STPI, during CII Innovation Summit.

“We have been able to start 12 centres of excellence across the country, we are going to launch very soon six more CoEs and the overall planning that we have is that we will be reaching to 25 CoEs pan India, the entire country,” said Rai.

He also explained that the Ministry of Electronics and Information Technology is working to create a technology startup ecosystem to promote the development of software products in the country.

“We have already created 14 labs across the country to meet the laboratory requirement. The domains include fintech, autonomous, connected electric and shared vehicle, internet of things, artificial intelligence, gaming, animation, medical technology, blockchain, smart-agri,” said Rai, adding that the STPI has been working with 60 partners from the industry.


Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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