Google To Establish Startup Hub In Madhya Pradesh: CM

Share via:


SUMMARY

CM Yadav said that chip giant NVIDIA suggested preparing a blueprint to establish Madhya Pradesh as the “Intelligence Capital of India”

CM Yadav said that proposals received by MP government will create around 7,000 new employment opportunities in the state and bolster the local economy

In February, Google signed an MoU with the Maharashtra government to fuel scalable AI solutions in areas such as agriculture, healthcare, among others

Google Cloud has proposed plans to set up a startup hub and a centre of excellence in Madhya Pradesh, state chief minister (CM) Mohan Yadav said. 

Yadav made the comments while speaking at a session organised by Invest Madhya Pradesh in Bengaluru on Thursday (August 8). 

According to the official press statement, chip giant NVIDIA, during the session, suggested preparing a blueprint to establish Madhya Pradesh as the “Intelligence Capital of India”. As per CM Yadav, the state government received proposals worth nearly INR 3,200 Cr during the session.

While it remains to be seen whether these investments materialise, Yadav said that these proposals will pave the way for the creation of around 7,000 new employment opportunities in the state and bolster the local economy. 

The CM also held a roundtable discussion with representatives of spacetech startups as well as IT companies such as Infosys, Cognizant, and Tata Consultancy Services. 

“Discussions were held with these companies regarding the development of information technology in Madhya Pradesh and their future plans, and I am hopeful that with the kind of positive response that we have got, we will witness many IT companies setting up their campuses in Madhya Pradesh,” the CM said.

While there is no formal agreement, the comments from the CM come at a time when Google Cloud has aggressively scaled up its offerings in the country and tied up with local authorities and players to bolster its India operations.

In February, Google signed a Memorandum of Understanding (MoU) with the Maharashtra government to fuel scalable AI solutions in areas such as agriculture, healthcare, sustainability, education, and startups.

In May, Google Cloud and telecom giant Bharti Airtel inked a “long-term” partnership to deliver cloud solutions to Indian businesses. In May, homegrown GenAI startup Soket AI Labs unveiled India’s first open-source multilingual foundational model in partnership with Google Cloud. 

Earlier this month, SaaS startup Adya.ai announced a partnership with Google Cloud to roll out a platform to boost ONDC’s adoption among enterprises.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Google To Establish Startup Hub In Madhya Pradesh: CM


SUMMARY

CM Yadav said that chip giant NVIDIA suggested preparing a blueprint to establish Madhya Pradesh as the “Intelligence Capital of India”

CM Yadav said that proposals received by MP government will create around 7,000 new employment opportunities in the state and bolster the local economy

In February, Google signed an MoU with the Maharashtra government to fuel scalable AI solutions in areas such as agriculture, healthcare, among others

Google Cloud has proposed plans to set up a startup hub and a centre of excellence in Madhya Pradesh, state chief minister (CM) Mohan Yadav said. 

Yadav made the comments while speaking at a session organised by Invest Madhya Pradesh in Bengaluru on Thursday (August 8). 

According to the official press statement, chip giant NVIDIA, during the session, suggested preparing a blueprint to establish Madhya Pradesh as the “Intelligence Capital of India”. As per CM Yadav, the state government received proposals worth nearly INR 3,200 Cr during the session.

While it remains to be seen whether these investments materialise, Yadav said that these proposals will pave the way for the creation of around 7,000 new employment opportunities in the state and bolster the local economy. 

The CM also held a roundtable discussion with representatives of spacetech startups as well as IT companies such as Infosys, Cognizant, and Tata Consultancy Services. 

“Discussions were held with these companies regarding the development of information technology in Madhya Pradesh and their future plans, and I am hopeful that with the kind of positive response that we have got, we will witness many IT companies setting up their campuses in Madhya Pradesh,” the CM said.

While there is no formal agreement, the comments from the CM come at a time when Google Cloud has aggressively scaled up its offerings in the country and tied up with local authorities and players to bolster its India operations.

In February, Google signed a Memorandum of Understanding (MoU) with the Maharashtra government to fuel scalable AI solutions in areas such as agriculture, healthcare, sustainability, education, and startups.

In May, Google Cloud and telecom giant Bharti Airtel inked a “long-term” partnership to deliver cloud solutions to Indian businesses. In May, homegrown GenAI startup Soket AI Labs unveiled India’s first open-source multilingual foundational model in partnership with Google Cloud. 

Earlier this month, SaaS startup Adya.ai announced a partnership with Google Cloud to roll out a platform to boost ONDC’s adoption among enterprises.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Metallicus secures FedNow transaction certification

The partnership was originally announced in mid-2023 ahead...

Apple working on new App Store-like app dedicated to...

It’s been a month since Apple released iOS...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!