Union Minister of State, Ministry of Electronics and IT, Skill Development and Entrepreneurship Rajeev Chandrasekhar arrived at Lucknow today. He shall inaugurate North India’s maiden Centre of Entrepreneurship – “MedTech” at the SG – PGI, Lucknow. The centre of entrepreneurship shall provide state of the art facilities to Startups in the field of Medi electronics and health informatics providing impetus to the startup culture in the state.
The Centre of Excellence shall provide plug and play facilities, co-working/incubation space, High Speed Internet (500MBPS), Medi electronics & Health informatics &IoT Labs, Support on Intellectual Property Rights, Assistance for Marketing and Network Outreach amongst other facilities .
The newly built facility, in partnership with Software technology Park of India, Ministry of Electronics and IT and Government of Uttar Pradesh is strategically housed at the PGI Medical facility, providing suitable environment for the Medi electronics Startups to thrive
Already around 15 MedTech Startups have been selected for incubation at the MedTech Centre. These Startups are from different parts of Uttar Pradesh and some are from other states thereby positioning Uttar Pradesh as a leading state in field of emerging technologies in healthcare sector.
It is informed that the Medi electronics sector is currently estimated to be at $10 billion and is expected to grow to $50 bn by 2025. There is tremendous import dependency of around 75-80%. This Centre of Excellence is expected to help develop the domestic startup ecosystem in Medi electronics and help boost the AtmaNirbhar mission set by the Narendra Modi Government.
Over the last few years, Uttar Pradesh has set new benchmarks under the Digital India initiatives. With around 21 crore Aadhar enrolment, this state is leading India’s Digital Identity programme which is touted as the World’s largest. Over 15 crore people of the state have benefitted under various Central/state GovtProgrammes leveraging Aadhar. It has facilitated Direct Benefit Transfer of benefits in accounts of beneficiaries – stemming out corruption , malpractices & ensuring ease of living for the citizens.