Skip to main content

https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

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.
Indian Masterminds Stories

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


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
CMPDI geospatial technology
CMPDI Honoured at Esri India User Conference 2026 for Geospatial Technology Innovations
CM Mohan Yadav Visits Dwarka
Madhya Pradesh: CM Mohan Yadav Visits Dwarka, Highlights Religious Tourism
Powergrid1 Power Grid
Power Grid Wins ₹1,152 Crore Gujarat Transmission Project for 7,500 MW Lakadia RE Zone
DDA
Delhi Legislators Seek 15 Days to Submit Feedback on Master Plan 2047
BEL
Bharat Electronics Presents ₹934.47 Crore Dividend Cheque to Government for FY 2025–26 
NTPC REL
NTPC REL Energy Secures 500 MW SECI Contract at ₹6/kWh for Assured Peak Renewable Power
NHPC Resized
NHPC Secures ₹392.31 Crore Arbitral Award Plus €15.36 Lakh in Subansiri Lower HE Project Case 
amardeep kumar-900x550
Jharkhand Moves to Support International Throwball Champion Amardeep Kumar
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
From Police Officer to Forensic Pioneer: How Dr Keshav Kumar Made Science a Weapon Against Crime
ChatGPT Image Aug 20, 2026, 05_46_21 PM
How IPS Officer Keshav Kumar Used Forensics to Crack Gujarat’s Lion Poaching Case
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
ADVERTISEMENT
UPSC Stories
Abhishek Parmar
NDA Failures, CAPF Setbacks, Then AIR 248:How Abhishek Parmar Overcame Years of Exam Setbacks
Abhishek Parmar became the third generation of his family to enter uniformed service after overcoming...
Naveen Kumar Saini UPSC CAPF
After 3 NDA Attempts and a 7-Mark Miss, Naveen Kumar Saini Gets AIR 7 in UPSC CAPF 2025
Naveen Kumar Saini secured AIR 7 in UPSC CAPF 2025 after multiple NDA and SSB failures and missing CAPF...
Pankaj Kamboj
Father Died, Family Turned to Farming: How Pankaj Kamboj Fought His Way to CAPF
After losing his father at 14 and helping his family survive through farming, Pankaj Kamboj turned repeated...
CSR NEWS
BPCL Pragati CSR
BPCL’s CSR Initiative Pragati Trains 10,000 Mechanics Across 22 States and 2 Union Territories 
The programme, implemented with ASDC, equips two-wheeler and four-wheeler mechanics with BS6 technology,...
nbcc
NBCC Wins ‘Champion Emerging’ Award at EXCEED CSR Awards 2026 for Hanle Ambulance Initiative
The Navratna PSU was recognised for procuring an ambulance for Hanle, Leh, strengthening emergency healthcare...
bel
BEL Lays Foundation Stone for Modern Crematorium at Lucknow Cantonment Under CSR Initiative
Rajnath Singh, Yogi Adityanath and BEL CMD Manoj Jain Attend Ceremony; Facility Aims to Provide Dignified...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
CMPDI geospatial technology
CMPDI Honoured at Esri India User Conference 2026 for Geospatial Technology Innovations
CM Mohan Yadav Visits Dwarka
Madhya Pradesh: CM Mohan Yadav Visits Dwarka, Highlights Religious Tourism
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
ChatGPT Image Aug 20, 2026, 05_46_21 PM
Shakeel Ahmad Ganie IRS Interview
ADVERTISEMENT
ADVERTISEMENT