Software Technology Parks of India

Software Technology Parks of India Latest News

Recently, the Software Technology Parks of India (STPI) organised STPI Tech Summit 2026: India’s Next Leap at New Delhi which coincided with its 35th Foundation Day. 

About Software Technology Parks of India

• It is a premier Science & Technology organization established in 1991 under the Ministry of Electronics and Information Technology (MeitY)
• Objective: STPI’s main objective has been the promotion of software exports from the country. 
• It promotes software exports from the country and has been implementing the Software Technology Park (STP) scheme and Electronics Hardware Technology Park (EHTP) scheme for the promotion of the IT/ITES industry.
• STPI helps in facilitating software development, export, and compliance with regulatory requirements, including customs and foreign exchange rules.
• Further, STPI is nurturing pan India start-up ecosystem through its initiatives like Centres of Entrepreneurship (CoEs) & Next Generation Incubation Scheme (NGIS).

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STPI Services

• Infrastructure Support: Provides plug-and-play office space with IT infrastructure for software exporters.
• Customs Clearances: Facilitates duty-free imports of capital goods, consumables, and other goods necessary for software export.
• Statutory Compliance: Ensures compliance with export regulations and assists companies in meeting their export obligations.
• Consultation and Guidance: Offers advice and support on matters related to exports, tax exemptions, and regulatory issues.

Source: PIB