SME Times is powered by   
Search News
Just in:   • Equity indices break two-day losing streak on value buying  • IMF urges Sri Lanka to tighten monetary policy  • Global semiconductor sales to reach $676 bn this year: Gartner  • Tinna Rubber hits upper circuit, investors accumulate 900% returns in year  • Availability of jobs in Japan improves for 1st time in 3 yrs 
Last updated: 15 Dec, 2021  

startup.9.thmb.jpg India has adds nearly 40 unicorns in last 50 weeks

   Top Stories
» Net direct tax collection reaches highest-ever figure in FY 22
» Musk has to manufacture here to sell Tesla cars in India: Gadkari
» Round tripping of industrial inputs by large players unfavourable to local value chains
» Sitharaman engages investors in Silicon Valley
» Modi hails India's success in achieving target of $400 billion of exports
SME Times News Bureau | 15 Dec, 2021

India has added nearly 40 unicorns in the last 50 weeks in the Startup world , said, Ajay Prakash Sawhney in an event on Tuesday.

Speaking at the unveiling of book titled ‘Rewinding of First 25 years of Ministry of Electronics and Information Technology’, he said that today if we see Indians as CEOs of the world’s top most IT and Software corporates, the foundations were laid in these last 30 years by people like Mr Oberoi.

He said that India has added nearly 40 unicorns in the last 50 weeks in the Startup world and this too is an outcome of those foundational years.

Sawhney further added, “Today, we take India’s huge presence in software for granted. In 1987, India’s CAGR in software exports was Rs 51 crores and today, it is 5 lakh crores. It represents CAGR of over 35% year on year for more than 30 years. We have seen the 25 years of MeitY and I think it is important we set our eyes on the next 10-25 years and see where it takes us.”

The book- ‘Rewinding of First 25 years of Ministry of Electronics and Information Technology’, narrating the first 25 years of MeitY, is authored by  Shri S.S. Oberoi, the former adviser at the Ministry of Electronics and Information Technology (MeitY).

Other dignitaries like KV Ramani, Chancellor Sai University; Harish Mehta, Founder Onward Technologies; Ashank Desai, Founder Mastek; Saurabh Srivastava, Chairman Indian Angel Network; Dr.Omkar Rai, Director General, STPI, and Dr. B.M. Baveja, Ex-Group Coordinator & Director, MeitY also joined the unveiling through video conferencing.

Pradeep Gupta, Chairman, CyberMedia Group, who helped publish the book was also present at the launch.

In the words of S.S. Oberoi, ‘Rewinding of First 25 years of Ministry of Electronics and Information Technology’ is “not just a book, but a narration” of how things used to happen at the DoE.

“I have tried to be honest in my book and have not criticised anyone," he said.

S. S. Oberoi is a retired adviser, Government of India, Department of Electronics (DoE). He has a B.Sc. from Agra University and did his Postgraduate Diploma from the Madras Institute of Technology, Madras, in Electronics Engineering.

He promoted software export through satellite link and oversaw the trial run of the first Software Technology Park of Texas Instrument, Software Technological Park, Bangalore. He helped resolve issues related to DOT, Custom and Security. He established and was the chairman of the first three Software Technological Parks in India, in Bangalore, Pune and Bhubaneswar.

He coordinated the Super Computer Program of the Government and was on the Governing Council of C-DAC. He represented India in the World Intellectual Property Organisation (WIPO) in the early 1980s, when, for the first time, the protection of software was deliberated at the international platform.

He was also a member of their Working Group on technical questions relating to the legal protection of computer software and attended meetings at Geneva and Canberra.

He was on the board of various public sector units that were related to Electronics and Information Technology and was a member of governing councils of STPI, C-DAC and DOEACC. He was also the national project director of UNDP project ERNET, CAD, CAM, and the fifth-generation computers.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter