India to Create 28 CoE to Promote AI, Blockchain and other Emerging Technologies

  • Software Technology Parks of India (STPI), under the Indian Ministry of Electronics and Information Technology, Government of India, is set to create 28 Centres of Excellence (CoE) across the country in emerging fields like Internet of Things (IoT), artificial intelligence (AI), cloud, augmented reality & virtual reality (AR & VR), blockchain and others.
  • The upcoming CoE will work in collaboration with stakeholders, state governments, academia, industry and industry mentorship to provide a platform for startups and budding entrepreneurs across the country.
  • A Centre of Excellence (CoE) – according to STPI – is a domain-specific specialized incubation facility for start-ups in the area of emerging technologies where the highest-standards and best-practices in terms of infrastructure, technology, leadership, mentoring, training, research & development, funding, networking for the given focus area is made available.
  • In August last year, STPI had unveiled a new incubation centre as well as a Fab-Lab called ‘STPI ELITE’ for electronics and IT startups in Orissa state, located at Gothapatna locality in Bhubaneswar city.

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