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Software Technology Parks Drive India’s IT Exports, STP Units Clock ₹7.74 Lakh Crore in FY26

Software Technology Park units recorded estimated exports of ₹7.74 lakh crore in FY 2025-26, with the government expanding digital approvals, RBI integration and simplified import procedures to strengthen India’s IT/ITeS export ecosystem.
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New Delhi: India’s Software Technology Park (STP) ecosystem recorded estimated exports of ₹7,73,898.97 crore in FY 2025-26, reflecting the continued expansion of the country’s software and IT-enabled services export sector.

The government has also introduced digital and regulatory measures to simplify compliance for STP units, including automated approvals, integration with the Reserve Bank of India’s export-monitoring system and simplified import procedures.

STP Units Record ₹7.74 Lakh Crore in Exports

The Software Technology Park scheme is a 100% export-oriented scheme aimed at promoting software and IT-enabled services exports from India.

Read Also: PESB Recommends STPI CEO Arvind Kumar for BSNL Director (Consumer Mobility) Post

According to government data, exports by STP units have increased over the past three financial years:

  • FY 2023-24: ₹6,36,619.87 crore
  • FY 2024-25: ₹6,88,194.11 crore
  • FY 2025-26: ₹7,73,898.97 crore (estimated)

The number of registered STP units also increased from 2,059 in FY 2023-24 to 2,125 in FY 2025-26.

Karnataka, Maharashtra Lead STP Export Ecosystem

Karnataka remained the largest contributor among states, with STP units recording estimated exports of ₹3,50,184.78 crore in FY 2025-26.

Maharashtra followed with ₹1,62,594.11 crore, while Telangana recorded ₹1,13,101.83 crore.

Other major contributors included:

  • Tamil Nadu: ₹60,591.28 crore
  • Haryana: ₹26,885.28 crore
  • Uttar Pradesh: ₹28,442.69 crore
  • West Bengal: ₹10,888.26 crore
  • Andhra Pradesh: ₹5,057.15 crore
  • Kerala: ₹3,447.61 crore
  • Gujarat: ₹3,150.69 crore

The data also shows STP export activity in states such as Chhattisgarh, Jharkhand, Madhya Pradesh, Punjab and Uttarakhand, indicating the spread of the IT export ecosystem beyond India’s traditional technology hubs.

STPI Expands IT Infrastructure Across States

The Software Technology Parks of India (STPI) provides statutory services under the STP scheme through a single-window clearance system.

In FY 2025-26, the country had 2,125 registered STP units, including:

  • 391 in Karnataka
  • 367 in Maharashtra
  • 391 in Tamil Nadu
  • 280 in Telangana
  • 107 in Uttar Pradesh
  • 87 in Haryana
  • 69 in Kerala
  • 68 in West Bengal
  • 39 in Punjab
  • 37 in Gujarat
  • 24 in Madhya Pradesh
  • 22 in Delhi
  • 10 in Chhattisgarh
  • 9 in Jharkhand
  • 5 in Uttarakhand

The expansion of these units supports software exports and IT-enabled services while creating an ecosystem for technology businesses across different regions.

Digital Approvals Aim to Reduce Compliance Burden

The government has taken several measures to streamline statutory services for STP units and improve ease of doing business.

Key measures include:

  • Automated SOFTEX services: Filing, approval and final intimation have been digitised.
  • RBI integration: STPI’s online system has been integrated with RBI’s Export Data Processing and Monitoring System (EDPMS).
  • Near-real-time data sharing: Export declaration data can be electronically transmitted to the RBI.
  • Simplified imports: Case-to-case import permissions have been replaced with blanket import permissions for the relevant financial year.
  • Self-declaration for DTA sales: Prior permission has largely been replaced with self-declaration, except for advance DTA sales during the first year of operation.

RBI Integration to Improve Export Monitoring

The integration of STPI’s online system with the RBI’s EDPMS is intended to make export-related compliance faster and more transparent.

The system enables electronic transmission of export declaration information and is aimed at:

  • Reducing manual intervention
  • Improving data accuracy
  • Enabling faster exchange of export information
  • Strengthening monitoring of export transactions
  • Streamlining regulatory compliance

IT Export Ecosystem Continues to Expand

The latest export figures indicate the growing contribution of STP units to India’s software and IT-enabled services ecosystem.

Alongside the expansion in exports, the government’s focus on automated approvals, digital data exchange and simplified procedures is intended to reduce regulatory friction for technology exporters.

With ₹7.74 lakh crore in estimated exports recorded by STP units in FY 2025-26, the STP framework continues to play a role in supporting India’s IT export ambitions and strengthening the country’s digital economy.

Read Also: PESB Recommends STPI CEO Arvind Kumar for BSNL Director (Consumer Mobility) Post


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