New Delhi: The Government of India is making continuous efforts to promote IT industry in smaller cities and towns and has initiated multiple schemes and programmes for growth of IT industry in this regard. Today India is recognized as IT Hub worldwide.

Software Technology Park (STP)

The Software Technology Park (STP) is the one of the most important scheme in this effort. Under this scheme, Software Technology Parks have been established in 65 cities across India with 57 centres in Tier-2 and Tier-3 cities like Bhagalpur, Indore, Rourkela, Madurai, Kohima etc. The STP centres provide incubator facility which help entrepreneurs to convert their innovative ideas into startups. The incubator facility provides opportunity of meeting with investors like Venture Capitalists (VCs), mentors from IITs/NITs/Industry andnetworking opportunity with IT professionals etc.

Today, World’ top companies have set up their Global Capability Centres (GCC) in India. The products like vehicle engines, semiconductors chips, big machineries are getting designed from these Indian GCCs. At present, there are about 1800 GCCs in India, employing about 19 lakh persons. Further, the Government is making continuous efforts to modernize the curriculum to have industry ready talent pool.

This information was given by the Minister of State for Electronics & Information Technology  Jitin Prasada in a written reply in Lok Sabha today, stared a press release.