Software Technology Parks of India

Software Technology Parks of India (STPI) is a society established in 1991 by the Indian Ministry of Communications and Information Technology with the objective of encouraging, promoting and boosting the export of software from India.

STPI maintains internal engineering resources to provide consulting, training and implementation services. Services cover network design, system integration, installation, operations and maintenance of application networks and facilities in varied areas. It is an export oriented scheme for the development and export of computer software, including export of professional services. The STP Scheme provides various benefits to the registered units, including 100% foreign equity, tax incentives, duty-free import, duty-free indigenous procurement, CST reimbursement, DTA entitlement, and deemed exporting.

STPI has played a seminal role in India having earned a reputation as an information technology superpower. STP units exported software and information technology worth Rs. 215264 crore in FY 2010-11. The state with the largest export contribution was Karnataka followed by Maharashtra, Tamil Nadu and Telangana. STPI has a presence in many of the major cities of India including the cities of Bangalore, Chennai, Hyderabad, Kanpur, Kolkata, Mumbai, Nagpur, Lucknow, Pune and Surat.

Besides regulating the STP scheme, STPI centers also provide a variety of services including high-speed data communication, incubation facilities, consultancy, network monitoring, data centers and data hosting. STPI provides physical hosting for the National Internet Exchange of India.

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