Software Technology Park (STP) units registered exports worth more than Rs 7.73 lakh crore in 2025-26, an increase from Rs 6.88 lakh crore in the previous financial year, reflecting the continued expansion of India’s IT and IT-enabled services export ecosystem.
According to information provided by Union Minister for Electronics and Information Technology Ashwini Vaishnaw in the Lok Sabha on August 12, the total number of STP units increased to 2,125 in FY 2025-26, from 2,042 in FY 2024-25 and 2,059 in FY 2023-24.
The STP Scheme is a 100 per cent export-oriented scheme aimed at promoting software and IT-enabled services exports from India. Software Technology Parks of India (STPI) provides statutory services under the scheme through a single-window clearance system.
Exports by STP units stood at Rs 6,36,619.87 crore in FY 2023-24 and rose to Rs 6,88,194.11 crore in FY 2024-25 before reaching an estimated Rs 7,73,898.97 crore in FY 2025-26.
The estimated investment reported by STP units in FY 2025-26 stood at Rs 7,362.86 crore, while imports were estimated at Rs 9,960.26 crore.
Karnataka remains largest contributor
Karnataka accounted for the largest share of STP exports during FY 2025-26, with exports estimated at Rs 3,50,184.78 crore.
Maharashtra followed with Rs 1,62,594.11 crore, while Telangana recorded Rs 1,13,101.83 crore. Tamil Nadu reported exports of Rs 60,591.28 crore.
Other significant contributors included Uttar Pradesh with Rs 28,442.69 crore, Haryana with Rs 26,885.28 crore and West Bengal with Rs 10,888.26 crore.
The number of STP units in Karnataka stood at 391 in FY 2025-26, followed by Tamil Nadu and Maharashtra with 391 and 367 units, respectively. Telangana had 280 units, while Haryana had 87 and Odisha 132.
Measures to improve ease of doing business
The government has undertaken several measures through STPI to simplify regulatory processes and facilitate operations for IT exporters.
Statutory services, including SOFTEX filing, approval and final intimation, have been automated. According to the government, this has enabled faster delivery of services to IT exporters.
STPI’s online system for IT exporters has also been integrated with the Reserve Bank of India’s Export Data Processing and Monitoring System (EDPMS). The integration enables electronic transmission of export declaration data to the RBI in near real time.
The government said this has helped facilitate faster exchange of export data, improve accuracy and transparency, reduce manual intervention and streamline regulatory compliance for IT and IT-enabled services exporters.
Import procedures under the STP Scheme have also been simplified. The earlier requirement for case-to-case import permissions has been replaced with blanket import permissions for the relevant financial year.
The requirement for prior permission for Domestic Tariff Area sales by STPI-registered units has also been replaced with self-declaration, except in cases of advance DTA sales during the first year of operation.
STPI also follows prescribed timelines for approvals and delivery of services under the STP Scheme through its Citizen’s Charter.
The measures are aimed at strengthening the IT export ecosystem and making regulatory processes more efficient for software and IT-enabled services companies operating under the STP Scheme.
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