SAMRIDHI Conclave at IIT Ropar: A Step Forward in Deep-Tech Startup Ecosystem

SAMRIDHI Conclave inaugurated at IIT Ropar, focusing on enhancing deep-tech startups in agriculture and water technology sectors.

Dec 4, 2023 - 12:18
Dec 13, 2023 - 15:50
SAMRIDHI Conclave at IIT Ropar: A Step Forward in Deep-Tech Startup Ecosystem

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Inaugurated by Shri Banwarilal Purohit, the Governor of Punjab and Administrator of Chandigarh, the SAMRIDHI Conclave (Strategic Acceleration for Market, Research, Innovation & Development: a Holistic Initiative for ICPS Startups) at IIT Ropar marks a significant development in the Indian technology sector. The conclave, part of the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS), focuses on accelerating deep-tech startups in agriculture and water technology.

The event featured a mix of activities, including presentations from 13 startups chosen through a strict evaluation process, and an exhibition showcasing the solutions of 25 startups. These activities highlighted the burgeoning efforts in India's tech sector, particularly in areas crucial for national development. The conclave also hosted over 30 experts who discussed the need for accelerated market research, innovation, and development across various sectors.

Officials like Dr. Akhilesh Gupta from the Science and Engineering Research Board and Dr. Ekta Kapoor, the Mission Director of NM on ICPS, spoke about NMICPS's role in supporting India's aim for technological self-reliance. Their discussions pointed to the broader goal of integrating technology into national infrastructure and development.

The event saw the attendance of key academic figures, including Prof. Rajeev Ahuja, Director of IIT Ropar, and Prof. Renu Vig, Vice Chancellor of Panjab University, Chandigarh. The conclave was also a platform for recognizing the contributions of the Department of Science & Technology (DST) in the tech sector through NMICPS. Notable achievements of this initiative include the development of 311 technologies, 549 technology products, the establishment of 1613 CPS research bases, and enhancing the skills of over 60,000 individuals in cyber-physical systems.

Supported by 46 investment partners, and with the involvement of over 50 jury members who evaluated and mentored the startups, the conclave demonstrated a comprehensive ecosystem supporting innovation. The collaboration of over 110 partners across the nation highlights the collective effort towards technological self-reliance. This program, executed with the DST under NM – ICPS, aims to advance technology and innovation in India.

The SAMRIDHI Conclave at IIT Ropar, while indicative of the growing focus on technology in India, raises questions about the broader implications of such initiatives on the tech landscape of the country. As India continues to invest in technology, especially in critical sectors like agriculture and water technology, the impact of these developments on sustainable growth and economic progress remains a key area of observation. The conclave serves as a window into India's technological ambitions and the ongoing efforts to integrate innovation into various sectors.

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