06 March 2024 – Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, inaugurated two state-of-the-art incubation centers established by the Software Technology Parks of India (STPI) in Thiruvananthapuram and Kochi. The event, held at the Technopark campus, emphasized the potential of these centers to catalyze tech startups in Kerala and elevate the state as a significant technology hub in South India.
About the Incubation Centres:
The newly launched STPI incubation centers aim to fortify Kerala’s IT infrastructure by providing cutting-edge facilities to emerging tech startups. The centers are poised to foster innovation, facilitate growth, and empower startups to compete on a global scale. The inauguration ceremony included a discussion on “Catalysing Tech Startups in Kerala” and an interactive session with ISRO chairman S. Somanath.
Expressing optimism about Kerala’s tech future, Minister Rajeev Chandrasekhar highlighted the untapped potential of Thiruvananthapuram to become a catalyst for India’s digital economy growth. Acknowledging the historical significance of the city’s early technopark, the Minister lamented its current absence from the top 20 in the startup innovation economy. Under Prime Minister Narendra Modi’s leadership, the aim is to position Kerala as a thriving center for the next wave of innovation, with the youth driving its progress.
Conclusion:
The inauguration of STPI’s incubation centers marks a significant step towards reinvigorating Kerala’s position in the tech landscape. With a focus on fostering innovation and supporting emerging startups, these centers align with the vision of transforming Kerala into a prominent technology hub. Minister Rajeev Chandrasekhar’s commitment to ensuring the state’s participation in the next wave of innovation reflects a collective effort to propel Kerala into a leading role in India’s digital journey.
