STPI aiming for modernising India’s agriculture sector


Software Technology Parks of India (STPI) is a society established in 1991 by the Indian Ministry of Electronics and Information Technology with the objective of encouraging, promoting and boosting the export of software from India. STPI maintains internal engineering resources to provide consulting, training and implementation services. Services cover network design, system integration, installation, operations and maintenance of application networks and facilities in varied areas. The STP Scheme provides various benefits to the registered units, including 100% foreign equity, tax incentives, duty-free import, duty-free indigenous procurement, CST reimbursement, DTA entitlement, and deemed exporting.

State-owned Software Technology Parks of India (STPI) expects to have the largest ecosystem of incubating new technologies in the country by setting up 21 centres of excellence in autonomous connected electric vehicles, IoT (internet of things), augmented and virtual realities, animation and gaming, meditech, blockchain, etc of which 12 centres are already operational. Out of launched 12 CoEs 3 centres are dedicated to agriculture, one in Guwahati, another in Gurugram with the name of Apiary and another anytime soon in Patna.

nano urea
image credit – The Economic Times

According to official STPI there is a need to adopt modern technologies to enhance production in agriculture as well as focus on branding to build trust and reap high benefit because around 17 per cent of India’s gross domestic product is jointly contributed by Agriculture, forestry and fishing and about half of the country’s population is dependent on the sector for their livelihood. India is the second-largest producer of farm products in the world but agriculture is a sector that is not much explored in terms of usage of modern technologies. It still needs to grow up in the value chain. STPI aims to provide a lot of opportunities where one can create products, solutions and technology.

source – wikipedia

Leave A Reply

Your email address will not be published.

nine + nine =