Software Technology Parks of India
India’s IT revolution didn’t just happen overnight — it was built on vision, infrastructure, and smart policy. One of the silent forces driving this digital growth is the Software Technology Parks of India (STPI) — a government initiative that transformed India into a global software hub.
If you’re an IT/ITES, software development, or export-based tech company, STPI registration isn’t just a compliance requirement — it’s a gateway to tax benefits, global recognition, and seamless export operations. It is an autonomous society under the MeitY established in 1991 to promote, facilitate, and boost software exports from India.
Essentially, STPI acts as a bridge between government and IT exporters, helping companies grow globally while staying compliant locally.
Why STPI Registration is Important:
- Enables export of software services and products
- Provides duty-free import of equipment
- Facilitates custom bonding and smooth clearance
- Encourages innovation through incubation programs
- Enhances credibility for foreign clients and investors
FAQs
Any company engaged in software development, IT-enabled services, BPO, data analytics, or software export activities can register.
An SEZ (Special Economic Zone) is location-specific with broader benefits, while STPI units can operate anywhere in India under the customs bonding system.
Earlier, STPI units were eligible for income tax exemptions under Section 10A/10B, but the scheme has now transitioned to other export incentive structures.
Yes. STPI runs several startup incubation programs like Electropreneur Park and NextGen Startup Centres for emerging tech entrepreneurs.
Yes, but each unit must be separately registered with its respective STPI jurisdiction.