Union Minister Rajeev Chandrasekhar Inaugurates 63rd STPI at Davanagere, Karnataka

Tags: place in news Science and Technology Person in news State News

The Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar inaugurated a Digital India Startup hub at the Software Technology Parks of India (STPI) centre at Davanagere, Karnataka on 25 November 2022.

This is the 63rd STPI centre in the country and the fifth in Karnataka.

The minister said that India has the fastest growing innovation system with more than 80,000 Startups and over 107 Unicorns, the Minister said the world today looks at India with awe and respect.

Software Technology Park of India (STPI)

It was set up in 1991 by the under Ministry of Electronics and Information Technology (MeitY).

It was set up to promote Software to promote the development and export of software and software services including Information Technology (I.T.) Enabled Services / Bio-IT.

It aims to be the largest technology Startup ecosystem in the country and to transform the country into a software product nation. 

The total export from STPI in 2020-21was Rs. 4, 96,313 crores, which is around 50% of the national software exports and 2.3% of India’s GDP in 2020-21.

Director General of STPI : Arvind Kumar