Software Technology Parks of India (STPI) and Indian Institute of Corporate Affairs (IICA) have on Friday (July 11, 2025) signed a Memorandum of Understanding (MoU) to collaborate in the fields of capacity building, advocacy, awareness, as well as research and publication.

As per the agreements, STPI and IICA will work in partnership to create a skilled, globally competitive tech workforce.

The MoU focused on fostering interdisciplinary learning and thought leadership across various domains, including corporate governance, startup funding, law, economics, finance and management, said STPI.

Mr. Arvind Kumar, Director General, STPI, said, “Together, STPI and IICA, we aim to foster a future-ready ecosystem that not only fuels innovation but also builds an informed, skilled and globally competitive tech workforce.”

“Under the agreement, STPI and IICA would jointly conduct structured training programmes, workshops and seminars aimed at enhancing capacity across stakeholders in the tech and corporate ecosystem,” said STPI.

“The collaboration would also facilitate national and international advocacy initiatives through seminars, conferences, and roadshows, engaging policymakers, academia, corporates, sociologists, and financial institutions,” the agency said.

Additionally, both institutions are expected to collaborate on research and publication initiatives, including policy papers, research studies, and sectoral analyses, to inform and guide India’s digital and entrepreneurial trajectory.

The MoU was exchanged between Arvind Kumar, Director General, STPI, and Gyaneshwar Kumar Singh, Director General & CEO, IICA, in the presence of the Union Minister for Finance & Corporate Affairs. Nirmala Sitharaman and Chief Minister of Meghalaya Conrad K Sangma during the IICA North East Conclave 2025 held at IIM Shillong, Meghalaya, on Friday (July 11, 2025).

According to a STPI communique, this strategic partnership aligns with STPI’s ongoing efforts to promote research-driven growth and a knowledge-based innovation ecosystem in India.

As India moves towards becoming a global leader in innovation, STPI said it remained committed to harnessing the potential of emerging technologies, such as Artificial Intelligence, the Internet of Things, Blockchain, and Quantum Computing, to drive the next wave of digital transformation.