During the Startups for Industries and IT Exports conference held at the Korangi Association of Trade and Industry (KATI), Pakistan’s Federal Minister for Information Technology and Telecommunication, Syed Aminul Haq, made a significant announcement. Pakistan has started a relationship with Google that will offer 45,000 scholarships, with the intention of growing that number to 450,000 the following year. It is worth emphasizing that at least 40 percent of these scholarships will be earmarked for women. This agreement signifies a significant milestone in advancing IT education and boosting the growth of Pakistan’s digital sector.
During the Startups for Industries and IT Exports conference held at the Korangi Association of Trade and Industry (KATI), Pakistan’s Federal Minister for Information Technology and Telecommunication, Syed Aminul Haq, made a significant announcement. Pakistan has started a relationship with Google that will offer 45,000 scholarships, with the intention of growing that number to 450,000 the following year. It is worth emphasizing that at least 40 percent of these scholarships will be earmarked for women.
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This agreement signifies a significant milestone in advancing IT education and boosting the growth of Pakistan’s digital sector. Industry experts, business owners, and decision-makers came together at the conference to talk about the value of new businesses and innovation in the IT industry. Senator Abdul Haseeb Khan emphasized the critical part that R&D plays in fostering business growth. He further emphasized that because to the favorable climate and government backing, entrepreneurs do not need to make large investments anymore. In only three years, Pakistan has grown from five to eight incubation centers, creating a thriving environment for businesses.
Zubair Chhaya, the deputy patron of KATI, praised Minister Aminul Haq for his efforts and noted Pakistan’s IT exports’ significant increase. The industry has grown significantly, going from a modest $1 billion to $2.6 billion by the end of the previous financial year.
This development puts Pakistan on a promising course and shows it can compete with nearby nations. Nighat Awan, Senior Vice President of KATI, advocated for the elimination of taxes on equipment and IT-related goods in order to support the IT sector even more. This action would foster an atmosphere that is favorable to growth and innovation.
Maheen Salman, Chairperson of the Standing Committee, highlighted the importance of aligning educational curricula with industry needs. Specialized training programmers are being developed to give graduates employable skills and prepare them for the competitive work market of today. By bridging the gap between academia and industry, these initiatives hope to help graduates transition smoothly into the workforce and keep up with the demands of the rapidly changing digital environment.