New Delhi, June 6 (IANS) India is creating a future-ready digital economy driven by innovation, entrepreneurship and technological self-reliance, according to the government.

Minister of State for Electronics and Information Technology, Jitin Prasada, said that flagship initiatives such as the India Semiconductor Mission and the IndiaAI Mission are opening new avenues for research, manufacturing and innovation-led growth.

“The Government remains committed to fostering an enabling ecosystem through progressive policies, ease of doing business and enhanced access to technology,” he said.

The Software Technology Parks of India (STPI) under IT Ministry organised ‘STPI Tech Summit 2026: India’s Next Leap’ here, which brought together senior government officials, venture capitalists and ecosystem enablers.

“As India continues its journey towards becoming a global technology and innovation leader, institutions such as STPI will play a critical role in fostering entrepreneurship, nurturing innovation, strengthening emerging technology ecosystems and enabling the development of world-class solutions for global markets,” said Prasada.

S. Krishnan, Secretary, MeitY, said as we celebrate 35 years of STPI, “we must identify the opportunities that lie ahead and leverage its strong legacy to drive growth in emerging regions”.

One of STPI’s greatest strengths has always been its convening power its ability to bring together entrepreneurs, mentors, venture capitalists and industry stakeholders to create a critical mass for innovation.

“STPI has successfully built linkages across the country, from the North-East to established technology hubs such as Bengaluru, Hyderabad and Chennai, enabling the flow of mentorship, expertise and capital to emerging centres,” said Krishnan.

By supporting startups, enabling innovation and attracting technology investments to these locations, STPI can make a meaningful difference in the aspirations of India’s youth, encourage entrepreneurship and create high-quality employment opportunities, particularly in the field of AI, he noted.

Arvind Kumar, Director General, STPI, said that over the last 35 years, STPI has emerged as a key pillar of India’s digital economy.

“With 73 centres across the country, support extended to more than 1,700 startups and a significant contribution towards India’s IT exports, STPI has enabled technology-led growth beyond metropolitan cities and created opportunities across Tier-II and Tier-III regions,” he said.

—IANS

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