13th August, 2002
Ministry of Information Technology  


STPI RECORDS 47% HIGHER GROWTH DURING 2001-2002


The Software Technology Parks of India (STPI) have registered a growth rate of 47% higher than the previous year (Rs.29,523 crore during 2001-02 as against Rs.20,051 crore in 2000-01). The total National Software Exports, as reported by NASSCOM during the financial year 2001-02 is Rs.36,500 crore, which makes STPI’s total contribution towards national export to more than 80%.

The State-wise export figures of STPI centers also present encouraging trend. Among the main centers Karnataka(Rs.9904 crores), Tamil Nadu(Rs.5014 crores), Maharashtra (Rs.4603 crores), Andhra Pradesh (Rs.2805 crores) and Haryana(Rs.2140 crores) are the top five States, which have recorded an excellent growth rates. Closely on the heels are Uttar Pradesh(Rs.2000 crores) and Delhi(Rs.1750 crores), while States like West Bengal, Kerala, Orissa, Madhya Pradesh and Rajasthan have begun to register upswing in percentage growth. Gujarat, Punjab and Pondicherry too have started contributing. The STPI is also hopeful of enhanced contributions from the newly established centers in due course which overall shows that despite receding market trend, STPI’s track record is encouraging.

STPI, an autonomous body, under the Department of Information Technology, Ministry of Communication and Information Technology was established with an objective to implement STP scheme, set-up and manage infrastructure facilities and provide other services like technology assessment and professional training. It has grown into a 35-centre strong entity in the last decade. The network covers entire country, catering to the requirements of 100% EOUs and the software exporters of international competitive tariff.

STP Scheme has attracted many entrepreneurs and over 7200 have been approved by March 2002 end. The figure for exporting software units stands at about 3500. These units are entitled to a number of facilities such as completely duty free imports, exemption from payment of local duties, exemption from corporate income tax upto March 2010, single window government clearance and upto 50% of export DTA sales is allowed. STPI also offers incubation facilities to small and medium enterprises (SMEs).

STPI provides state-of-the-art High Speed Data Communication (HSDC) facility. It has installed 35 International Gateways at its centers.