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).
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
Last updated on June, 2026
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