The Growth Booster

The Growth Booster

STPI plays a vital role for boosting of IT industry & IT enable services all over the country, especially in the case of start-ups SME's. STPI Schemes helps for the development and export of computer software, including export of professional services using communication links or physical media. The STP Schemes and the Govt. initiatives helps in the growth offshore software exports from the country.

Since its inception in 1991, STPI has been working towards equitable and inclusive IT-led growth pan-India which in turn has helped promoting Software exports, Science, Technology & Innovation (STI) and Software product development. With nine jurisdictional directorates and 60 centres, STPI has expanded its presence pan-India to support IT/ITeS Industry. Working closely with all stakeholders, STPI has played a key role in transforming the country as the preferred IT destination, a fact that aptly proven by the stupendous growth in exports by STPI-registered units from Rs. 52 crores in 1992-93 to Rs. 4,74,183 crores in 2019-20, which is approx. 50% of the national software exports and 2.3% of India’s GDP.

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