Software Technology Parks of India

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Software Technology Parks of India (STPI) is a society registered under Indian_Societies_Registration_Act 1860 in India, established in 1991 under the Companies Act 2013, and Income Tax Act 1961. . Software Technology Parks of India (STPI), is a society set up by the Ministry of Communications and Information Technology, Government of India in 1991, with the objective of encouraging, promoting and boosting the Software Exports from India. STPI maintains internal engineering resources to provide consulting, training and implementation services. Services cover Network Design, System Integration, Installation, Operations and maintenance of application networks and facilities in varied areas.It is an export oriented scheme for the development and export of computer software, including export of professional services. The STP Scheme provides various benefits to the registered units, which includes 100% foreign equity, tax incentives, duty-free import, duty-free indigenous procurement, CST reimbursement, DTA entitlement, deemed export etc.

STPI has played a seminal role in India having earned a reputation as an information technology superpower. STP units exported software and information technology worth Rs. 215264 crore in FY 2010-11.[1] The state with the largest export contribution was Karnataka (see Bangalore) followed by Maharashtra, Tamil Nadu and Telangana. STPI has a presence in many of the major cities of India including the cities of Bangalore, Mangalore, Mysore, Hubli, Trivandrum, Bhilai, Bhubaneswar, Chennai, Coimbatore, Hyderabad, Gurgaon, Kakinada, Pune, Guwahati, Noida, Mumbai, Nagpur, Kolkata, Kanpur, Lucknow, Dehradun, Patna, Rourkela, Ranchi, Gandhinagar-Gujarat, Surat [2] [3][4] Imphal, Shillong, Nashik etc.

Besides regulating the STP scheme, STPI centers also provide variety of services, which includes High Speed Data Communication, Incubation facility, Consultancy, Network Monitoring, Data Center, Data Hosting etc. STPI provides physical hosting for the National Internet Exchange of India.

The tax benefits under the Income Tax Act Section 10A applicable to STP units has expired since March 2011. While the Government has chosen not to extend the Sec 10A benefits against the demand by the IT units, most of the STP registered SME units shall be affected, who now will have to pay Income Tax on profits earned from exports.

A new incentive scheme for IT & ITES companies is under discussion. It will help dispersal of IT industry in smaller cities and also support STPI-registered units which have not come under SEZs as well as other units which are not covered under any incentive scheme. This incentive scheme is seen as an alternate scheme to compensate the STPI units, but the same would be restricted to those units located in tier II and III cities. However, proposal is still under consideration and no announcement has been made.

State Wise exports made by STP units[edit]

.93

Name of the State 2007-08 2008-09 2009-10 2010-11[1]
Assam 60.00
Chandigarh 955.11 658.00 11000.35 65897.90
Chattishgarh 0.22 89.23 4.50 4.58
Delhi 5,264.00 1,762.00 1,892.49 1,776.90
Gujarat 681.00 1,268.13 1,035.00 1,250.99
Haryana 10,960.00 12,410.00 14,795.36 13,650.75
Himachal Pradesh 1.10 0.75 1.69 0.90
Jammu Kashmir 1.28 1.74 1.25 0.80
Jharkhand 285.654
Karnataka 70,240.93
Kerala 1,201.00 1,803.00 1,956.45 2,071.67
Madhya Pradesh 185.22 198.00 214.93 246.89
Maharashtra 35,374.00 42,360.88 45,709.34 49,873.78
Meghalaya 1.64
Orissa 844.00 1,162.00 1,116.83 1,253.29
Pondicherry 64.00 65897.65 110.25
Punjab 227.56 230.00 345.38 438.43
Rajsthan 275.30 358.00 520.36 491.65
Tamil Nadu 38,295.00 38,355.58 41,363.51 42,100.00[5]
Telangana 26,122.00 31,039.00 27,665.85 28,674.57
Uttar Pradesh 10,695.21 10,264.36 10,590.43 10,281.60
Uttarakhand 9.31 21.00 174.16 86.19
West Bengal 4,500.00 5,129.00 5,441.00 5,665.00
Total 228,646.81

All figures in Crores of INR

§== National centres == STPI's national headquarters is in New Delhi. Major national centers include:

References[edit]

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