The Smart City Startup Challenge is a month-long program that will enable selected startups to pitch their innovations to MNCs, working in the smart city domain. Also, an equity-free grant of Rs 10 lakh will be given to the winner, besides they be featured in a smart city innovation listing, that is shared with all smart city CEOs.
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The technology integration will empower users to monitor zone alarms and videos from a centralized system, providing further situational awareness, maximizing preparedness and response to perimeter breach or sabotage.
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“The IT sector has grown exponentially in the last two decades, providing close to 4.5 million direct and 10 million indirect jobs within the country. As per estimates, the sector’s revenue is currently at about $194 billion which is expected to reach $350 billion by 2025, creating many more jobs in the process. Even in the middle of the pandemic, leading companies in this sector continue hiring in large numbers across experience and job levels. Overall, the sector is expected to witness a 12% increase in hiring this year ”, asserted Jyoti Arora, Special Secretary and Financial Advisor, Ministry of Electronics and Information Technology (MEITy), Government of India in conversation with Poulami Chakraborty of BW Businessworld. Excerpts Below:
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Receives Rs. 5 crore in contribution and matches it to take the total contribution to Rs. 10 crore Increases its target for the initiative, to raise Rs 14 crores for sourcing over 3,000 OCs internationally Aims to become the destination for other organizations & enterprises to procure OCs
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Two grants sanctioned by Google's philanthropic arm include a sum total of INR 20 crores and donations and contributions by Google employees, who contributed about 3.7 crores till now.
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In a first-of-its-kind structure, CESL had invited participation of bidders for co-investment on a revenue sharing basis, where costs and profits would be shared in a manner that will encourage public-private participation in climate change mitigation.
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Openreach has chosen STL as a key partner to provide optical cable solutions for its new, ultra-fast, ultra-reliable ‘Full Fibre’ broadband network.
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Dr V K Saraswat, Member, NITI Aayog today said that there is a need to push the Make in India and Atmanirbhar Bharat programs in the Indian manufacturing ecosystem.
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