STPI continues its partnership with CeBIT India for the third edition as it remains committed towards development of Indian MSMEs.
CeBIT India, the leading ICT event organized by Hannover Milano Fairs India Pvt Ltd (HMFI), today annouced a strategic partnership with STPI (Software Technology Parks of India) as a co-host for the third consecutive year for CeBIT India 2016 to promote the Software & Electronics Hardware industry in the country and provide a platfrom for Indian IT MSMEs to launch and exhibit their product & solutions at CeBIT India 2016. The partnership MoU was signed between Dr. Omkar Rai, Director General, STPI and Mr. Mehul Lanvers-Shah, Managing Director, Hannover Milano Fairs India Pvt Ltd., in the presence of Dr. Aruna Sharma, Secretary, DeitY, Government of India at CeBIT in Hannover.
STPI is an an autonomous society under Ministry of Communication and Information Technology, Dept. of Electronics and Information Technology, Govt. of India and has been set up with distinct focus to boost up Software export from the country. It has as a presence in 53 locations across the country and has been very active in promoting the growth and development of the Micro, Small & Medium Enterprises (MSME) segment in India. STPI has been proactively involved in creating a supportive ecosystem for the Industry, so as to enable the industry to realize its potential and to lead the country towards growth and prosperity.
After successful partnership for the last two CeBIT India editions, STPI will yet again bring together 100 MSMEs from across India to showcase themselves at the STPI 'Make-in-India' pavillion at CeBIT India 2016, which is scheduled to take place from 8-10 December, 2016 in Bangalore. In previous 2 years of CeBIT India, the partnership has generated over 8000+ business leads and more than 1500+ prospective customers. Close to 250 deals were signed in each of CeBIT India-STPI pavilion alone last year. Each year, 10 MSMEs are chosen to attend CeBIT Hannover, thereby widening their access to global business opportunities. At CeBIT Hannover 2016, the MSMEs were present at Scale 11, the leading start up stage for young enterprenuers and creative minds.
CeBIT Hannover this year, also saw participation from Department of Electronic & Information Technology, Government of India (DietY), Government of India with their ‘Make In India’ Pavilion, where major initiatives undertaken by Central and State Government to promote Electronic System Design and Manufacturing (ESDM) including skill development in the sector will be showcased. A high level delegation comprising of Govt officials and senior excutives from India was led by Dr. Aruna Sharma, Secretary, DeitY, Government of India to promote investments in India. Focused Workshops to showcase fast emerging start up ecosystem in the country and inititaives taken for ESDM were held. While proposals from 181 investors worth more than USD 18 billion have already been received overall, however, under the Make in India and Digital India, ambitious target of 100 billion USD is foreseen by year 2020 in the ESDM sector.
"We have witnessed a significant interest in our CeBIT events worldwide. Indian Participation at CeBIT Hannover has doubled from last few years. This rapid expansion in India's footprints at CeBIT events can be credited to active involvement and inititaives taken by DietY, STPI and ESC (Electronics and Computer Software Export Promotion Council). More than 82 companies from India have participated at this year CeBIT Hannover, covering a total of 1050 sq.meters, an increase of 55% from 2013. State Government of Kerela has been one of our regular participant since past few years now. State Governments of Madhya Pradesh, Odissa, Maharashtra and Gujarat have also participated at CeBIT Hannover." Said Mehul Lanvers-Shah, Managing Director, Hannover Milano Fairs India Pvt Ltd.
Elaborating upon the STPI-CeBIT India partnership, Dr Omkar Rai, Director General, STPI said "Response from last 2 years has been extremely encouraging with growth seen over 95% of the MSME companies that participated in the CeBIT event. We are therefore very excited to take forward our association with CeBIT India for the third year. STPI has been instrumental in promoting the MSME community for over two decades and we have made a significant contribution towards carving a niche for India in the global IT arena. Our partnership with CeBIT has played a significant contribution towards this growth. With CeBIT India, our MSME members get a complete international exposure, which further creates momentum in the market."
Spurred by the 'Digital India' revolution, the MSME sector is poised to act as a catalyst to bring about this socio-economic transformation and has the potential to emerge as a backbone for the Indian economy and act as an engine for growth. The MSME opportunity is to develop entrepreneurship and support growth led by innovation over the next decade by significantly increasing the share of MSME contribution to GDP from the current 8 per cent to 15 per cent by 2020, generate employment levels and increasing the share of MSME contribution across key public and private industry sectors fulfilling increasing domestic demand, growth in exports, indigenisation and import substitution.