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(Redirected from Software Technology Park)
'Software Technology Parks of India' ('STPI') is a government agency in India, established in 1991 under the Ministry of Communications and Information Technology, that manages the 'Software Technology Park' scheme. It is an export oriented scheme for the development and export of computer software, including export of professional services. It provides physical infrastructure, including dedicated high speed connectivity to technology parks, freedom for 100% foreign equity investment and tax incentives. STPI provides physical hosting for the National Internet Exchange of India.
STPI claims to have played a seminal role in India having earned a reputation as an information technology superpower. More than 6,000 businesses are registered under the STPI umbrella, with 36% growth by value in 2005-06 exports over the previous year. The state with the largest export contribution was Karnataka (see Bangalore). STPI has a presence in many of the major cities of India including the cities of Chennai, Hyderabad,Noida,Lucknow, Kanpur, Allahabad and Mumbai.
STP schemes provide facilities for the IT industry, helping them undertake software development and IT enabled services for 100% exports that include professional services. For that, data communication links have been established, providing high speed connectivity.

Contents

Software trade

National centres

External links

Software trade

The following table shows the historical Indian trade data of software with figures in millions of US Dollars. [1]

Year	Software exports
1980	4
1985	27
1990	131
1995	668
2000	5,300
2005	17,500

It is mainly given to remove sops of tax, and it provides a great benefit to the IT or ITES companies

National centres

STPI's national headquarters is in New Delhi. Major national centers include:

★ STPI Bangalore

★ STPI Chennai

★ STPI Hyderabad

★ STPI Mangalore

★ STPI Mumbai

★ STPI Kolkata

★ STPI Bhubaneswar

★ STPI Lucknow

★ STPI Guwahati

★ STPI Noida

★ STPI Jaipur

★ STPI Hubli

External links

★ Ministry of Communications and Information Technology, Government of India

★ Map of software parks in India