News

Software Technology Parks of India (STPI) has proudly completed its 34 impactful years of dedicated service to the nation. Over the past three decades, STPI has played a pivotal role in propelling India’s IT landscape through consistent growth in software exports and by fostering a vibrant tech startup ecosystem that aligns with the vision of a digitally empowered India.

Since its inception in 1991 with a focus on boosting software exports, STPI has evolved into a cornerstone of innovation, startup empowerment, and digital inclusion, operating 67 centres, including 59 in Tier-II and Tier-III cities.

On STPI’s 34th Foundation Day, Arvind Kumar, Director General, STPI, said: “Today is a proud moment for STPI. STPI started its journey with three centres, and at that time, the IT industry was at a nascent stage. Now, STPI has 67 centres across the country and these centres have played a vital role in transforming the IT industry. In 2024-25, the exports done by STPI registered units have reached to more than `10 lakh crores. Aligned with the mandate of the Government of India, STPI is working for the dispersal of the IT industry to Tier-II & Tier-III cities of the country for inclusive growth. Also, STPI is nurturing the tech startup ecosystem across India through its 24 Centres of Entrepreneurship (CoEs) and NGIS and supported more than 1400 startups. Startups empowered through the STPI ecosystem have raised funds of Rs. 574 crores from investors so far”.

Having facilitated over `10 lakh crore in software exports, STPI remains committed to nurturing innovation, generating employment and promoting inclusive digital growth. STPI empowers India’s tech industry with 17 lakh sq. ft. of workspace, five Tier-3 data centers, 24 Centres of Entrepreneurship (CoEs), state-of-the-art labs, SAYUJ — Startup Community Network, Ananta — STPI Cloud Services, and schemes such as Next Generation Incubation Scheme (NGIS), BPO Promotion Schemes and Electronics Manufacturing Cluster.

The Pioneer |