CeBIT India and STPI join hands to stimulate the MSME sector in India

CeBIT India and STPI join hands to stimulate the MSME sector in India

CeBIT India, the premier international IT/ICT event organized by Hannover Milano Fairs India Pvt Ltd (HMFI), the Indian subsidiary of the Global JV Company HMG (Hannover Milano Global), today announced its strategic partnership with STPI (Software Technology Parks of India), an autonomous society under Ministry of Communication and Information Technology, Dept. of Information Technology, Govt. of India with a distinct focus to promote the software industry in the country.

cebitThe MoU, signed by CeBIT India and STPI today, will enable 100 MSMEs from the across the country to showcase themselves in the STPI pavillion, at the premier international platform of CeBIT India, scheduled to take place from November 12-14, 2014 in Bangalore. The MSMEs will also greatly benefit from a series of exclusive mentoring sessions focused on the MSME vertical in India, providing them an opportunity to interact with industry stalwarts as well as key players in the Indian IT/ICT ecosystem. As a part of the CeBIT India-STPI partnership, 10 MSMEs will be chosen to receive an opportunity to represent the country at CeBIT Hannover 2015.

MSMEs are essentially the backbone of the country’s economy, credited to contributions amounting to 36 percent of the total value of exports from the country, recording a constant year-on-year growth of over 10 percent. Indian MSMEs contribute towards approximately 8 percent to the country’s GDP, thereby creating 100 million jobs through the 46 million units from the rural and the urban areas across the country. They also contribute to 90 percent of the total industrial output and 45 percent of the manufacturing output of India,  through more than 6000 products across the spectrum. Established in 1991 under the Ministry of Communications and Information Technology, STPI constantly endeavours to implement STP/EHTP scheme formulated by Govt. of India, set up and manage infrastructural facilities for MSMEs.

Commenting on the partnership, Mehul Lanvers-Shah, Managing Director, Hannover Fairs India Pvt Ltd.  said “We are excited to unite with STPI for promoting the Indian MSME sector. We believe that boosting the micro, small and medium enterprises (MSMEs) ecosystem is critical for transforming the vision of India as a global manufacturing hub into reality. For a country that has rung out the ‘Make in India’ mantra, CeBIT India is an ideal platform to recognize the tremendous potential of Indian MSMEs, and activate exciting opportunities in electronics and software ecosystem from all across the globe.”

“We are glad to join hands with CeBIT India. We have been championing the cause of developing the MSME sector in the country for over 23 years. As the country reverberates Prime Minister Modi’s Make in India  campaign, it is pertinent to focus upon the critical cogs of this great vision. Under the Make In India initiative, the government has mandated to develope the Software Technology Parks of India (STPIs) and catalyze the Indian MSME growth story. A show of tremendous international repute, CeBIT India is the perfect platform for promoting the small and medium scale enterprises and providing them with global exposure of an incredible scale.” said Mr. Omkar Rai, Director General, STPI

The well recognized international CeBIT show is slated to be a first of its kind Business IT and ICT show in India, dedicated to boost new business in the Indian IT & ITes market and create a platform for generation of new national and international business opportunities, drive new ideas, profitability & growth in India with an exposure to the International markets. The first CeBIT India will take place in 2014 at the Bangalore International Exhibition Centre, (BIEC) on Tumkur Road in Bangalore.

With the aim of showcasing New Perspectives in IT Business, India’s first CeBIT will cover the key IT trends of Cloud Computing, Strategic Big Data, Enterprise Mobilily and Social Media.