STPI units clock INR 421,103 crore software exports in 2019-20

Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and Information Technology (MeitY), said exports clocked by STP-registered units stand at INR 421,103 crore during 2019-20.
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“STPI is embarked on setting up 21+ domain-centric Centres of Excellence (CoEs) in a collaborative manner across India. These CoEs will enable a pan India vibrant tech start-up ecosystem,” Omkar Rai, director general of STPI, said.

Software Technology Parks of India (STPI), established on 5 June 1991, has emerged as one of the growth driver of Indian IT/ITeS/ESDM industry.

STPI pioneered the ease of doing business for policy governance in India by building a robust-ecosystem to provide single window clearance services, internet connectivity, incubation facilities and other infrastructure services to encourage, promote and boost software exports.

The $191 billion IT industry comprises around 18,000-plus firms that directly employ 4.36 million workforce.