Software Technology Parks of India

What Software Technology Parks of India does

Software Technology Parks of India (STPI) is an autonomous society under the Ministry of Electronics and Information Technology (MeitY), Government of India, established on June 5, 1991 by merging three Software Technology Parks at Bengaluru, Pune, and Bhubaneswar. STPI implements the STP (Software Technology Park) and EHTP (Electronic Hardware Technology Park) schemes, providing single-window clearance, duty-free import attestation, and export certification for software and electronics hardware exporters. The organization serves IT/ITeS companies, electronics manufacturers, and technology startups through statutory approvals, data communication infrastructure, and incubation services.

STPI's underlying technology platform centers on data communication infrastructure including SoftNET Services (SoftPOINT for International Private Leased Line Connectivity and SoftLINK for Internet Leased Line Connectivity), Microwave Radio Network linking STP units within a 30 km radius of earth stations, and unified Class-A ISP licensing with all-India service area. Beyond connectivity, STPI operates 24 domain-specific Centres of Entrepreneurship (CoEs) covering FinTech, AgriTech, MedTech, IoT, AI/Data Analytics, AR/VR, ESDM, Gaming & Animation, and Industry 4.0 — supported by a network of specialized labs (RF, EV, AV, IoT, AI/DA, VR/AR, FabLab, SMARTLab). Sub-brands include NGIS (Next Generation Incubation Scheme) across 12 Tier-II locations, SAYUJ (startup community network), Ananta (cloud services), and STPINEXT (Section 8 R&D vehicle).

STPI's revenue model combines statutory services fees (recurring, for STP/EHTP scheme implementation and single-window clearance), data communication subscription services (SoftNET), incubation and professional services (PMC, data center, VAPT, cloud), and grant funding from MeitY. The organization distributes services through 73 pan-India centres (65 of which are in Tier-II/III cities) administered through 14 jurisdictional directorates. STPI-registered units contributed Rs. 10,69,270.59 crores to India's software exports in 2024-25 — approximately 50% of national software exports and 3.2% of GDP. STPI is governed by a Governing Council chaired by the Minister of Electronics & IT, with the Director General (currently Arvind Kumar, ex-TRAI/C-DoT/ITU) managing operations.

Name

Software Technology Parks of India

Legal name

Software Technology Parks of India

Website

https://stpi.in

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Software Technology Parks of India (STPI) is a Government of India autonomous society under MeitY that provides single-window statutory clearance, data communication infrastructure, and incubation services to IT/ITeS exporters, electronics hardware manufacturers, and technology startups through 73 centres and 24 Centres of Entrepreneurship across India.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Statutory Services Fees: Fees for implementing STP (Software Technology Park) and EHTP (Electronic Hardware Technology Park) schemes, including single-window clearance services, approvals, import attestation, and software export certification
2. Data Communication Services: Revenue from providing internet services, leased lines, and data communication infrastructure to IT/ITeS companies through SoftNET Services
3. Incubation Services: Services provided through 24 Centres of Entrepreneurship (CoEs) supporting startups with infrastructure, mentoring, and skilling
4. Project Management Consultancy: PMC services for network design, system integration, installation, operations and maintenance of application networks

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

STPI is a government autonomous society that provides statutory single-window clearance to IT/ITeS and electronics hardware exporters under the STP and EHTP schemes, along with high-speed data communication services (SoftNET — SoftPOINT and SoftLINK). It also runs 24 Centres of Entrepreneurship (CoEs), incubation facilities, the NGIS seed-funding scheme, cloud services (Ananta), data center services, VAPT security audits, and project management consultancy for IT/ITeS companies across India.

Product overview

Software Technology Parks of India (STPI) is a premier government organization under MeitY that offers a comprehensive portfolio of services focused on promoting IT/ITES industry, innovation, R&D, startups, and product/IP creation. The core offerings include statutory services (STP and EHTP schemes for export-oriented software and hardware units), internet/data communications (SoftNET services with SoftPOINT and SoftLINK), cloud services (Ananta), data center services, security audit (VAPT), and PMC services. STPI supports startups through incubation services, 24+ Centres of Entrepreneurship (CoEs) covering domains like FinTech, AgriTech, MedTech, IoT, AI/Data Analytics, AR/VR, ESDM, Gaming & Animation, and Industry 4.0, as well as the NGIS incubation scheme and SAYUJ startup community network. The organization has established specialized labs including RF, EV, AV, IoT, AI/DA, VR/AR, FabLab, and SMARTLab to enable technology product development.

Differentiator

Problem solved

Functional benefit

Brands

• STPINEXT: Section 8 company established by STPI to bolster R&D, innovation and product development to brace the challenges of Industry 4.0.
• NGIS (Next Generation Incubation Scheme)
• SAYUJ
• ANANTA
• SoftNET Services

Products and services

• Software Technology Park (STP) Scheme A 100% export-oriented scheme for the development and export of computer software, including export of professional services using communication links or physical media. Provides single-window clearance for member units.
• Electronic Hardware Technology Park (EHTP) Scheme A 100% export-oriented scheme for the development and export of electronics hardware, including R&D activity, maintenance, testing and calibration services.
• SoftNET Services Integrated network services including SoftPOINT (Point-to-Point International Private Leased Line Connectivity) and SoftLINK (Internet Leased Line Connectivity for software exporters).
• Incubation Services STPI has an incubation facility to cater to the needs of Small and Medium scale entrepreneurs, providing workspace and support for startups at STPI centres.
• Project Management Consultancy (PMC) Services Consultancy projects in the field of Data Communication and IT including network design, system integration, installation, operations, and maintenance of application networks.
• Data Center Services Data protection and business continuity services for the Information Technology industry through STPI-operated data centers.
• Ananta Cloud Services Cloud computing services provided by STPI for IT industry needs under the ANANTA brand.
• VAPT (Security Audit Services) Information Security Audit Service providing Vulnerability Assessment and Penetration Testing for empowering India to become digitally secured.
• CRO Surveillance Services Surveillance services for electronics manufacturers under the Compulsory Registration Order (CRS) framework.
• NGIS (Next Generation Incubation Scheme) Futuristic incubation scheme offering comprehensive support, services, and seed funding to startups from 12 STPI incubation facilities pan-India at Agartala, Bhilai, Bhopal, Bhubaneswar, Dehradun, Guwahati, Jaipur, Lucknow, Prayagraj, Mohali, Patna, and Vijayawada.
• SAYUJ (Start-up Community Network) India's exclusive start-up community network that connects innovators, mentors, and investors to accelerate startup journey.
• EMC 2.0 (Electronics Manufacturing Cluster) Scheme for electronics manufacturing clusters to promote domestic manufacturing under the EMC 2.0 framework.
• FinGlobe CoE (FinTech) Centre of Entrepreneurship on FinTech at STPI-Gandhinagar, GIFT City, with 50 plug-and-play incubation seats, set up in collaboration with the Government of Gujarat.
• Efficiency Augmentation (EA) CoE CoE for Efficiency Augmentation at Bengaluru, set up in collaboration with the Government of Karnataka and in partnership with Hewlett Packard Enterprise India Private Limited (HPEIPL).
• EmTek CoE (Emerging Technologies) Centre of Entrepreneurship promoting Emerging Technologies, established under the leadership of STPI, Government of Odisha, and Government of India to foster innovation and entrepreneurship in Industry 4.0.
• Kalpataru CoE (Industry 4.0) Centre of Entrepreneurship established under the guidance of STPI to promote innovation and entrepreneurship in Industry 4.0.
• FASAL CoE (IoT in Agriculture) Fostering AgriTech Startups for Augmenting Livelihood — a CoE for IoT in Agriculture at Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV), Akola.
• IMAGE CoE (Gaming, Animation, VFX) Initiative by STPI at Hyderabad providing resources such as mentoring, technology support, and funding for Gaming, Animation, VFX, Computer Vision, and AI start-ups.
• NEURON CoE (AI/Data Analytics, IoT) CoE in AI/Data Analytics, IoT, and AVG at Mohali, set up in collaboration with Govt. of Punjab, ISB-Mohali, PTU, and MeitY, with dedicated 500 seats co-working space and labs.
• VARCoE (VR/AR CoE) STPI Virtual & Augmented Centre of Entrepreneurship at Bhubaneswar, built in collaboration with MeitY, Govt. of Odisha, and IIT Bhubaneswar for world-class research in AR & VR.
• MOTION CoE (ACES Mobility) CoE in Automated, Connected, Electric & Shared (ACES) mobility space at Pune, providing support to startups with physical lab facility and incubation space.
• Electropreneur Park (Delhi) First-of-its-kind ESDM incubator in India with state-of-the-art incubation facility, world-class laboratories. Has incubated 25 startups, filed 18 patents, launched 20 products.
• OCTANE CoE (North East India) Group of eight internetworked CoEs supporting technology-led innovation in North Eastern India covering IoT in Agriculture, Emerging Tech (AR/VR), Gaming & Animation, Data Analytics & AI, IT Applications in Graphics Design, Healthcare & AgriTech, Gaming & Entertainment, and GIS Applications.
• FinBlue CoE (FinTech) Centre of Entrepreneurship in FinTech at Chennai, providing accessibility to technology, mentorship, incubation facility, world-class labs, funding, and SandBox environment with APIs of different participating banks.
• IoT OpenLab CoE CoE at Bengaluru focusing on IoT product and solution development, targeting to nurture around 500 startups over 5 years, with focus on Defence, Aeronautics, Industrial, Agriculture, Health, Automotive, and Education sectors.
• Apiary CoE (Blockchain) Domain-specific specialized incubation facility for start-ups in the area of emerging technologies including Blockchain.
• Electropreneur Park Bhubaneswar (ESDM) ESDM Incubation Centre set up by STPI with support from MeitY, Govt. of India, and Govt. of Odisha.
• MedTech CoE CoE stimulating establishment and growth of technology-based startups in medical electronics and health informatics, providing state-of-the-art infrastructure and labs.
• STPI Labs Network (Emerging Tech Labs) Network of specialized labs including RF Lab, EV Lab, AV Lab, IoT Lab, MoCap Lab, AI/DA Lab, Innov IoT Lab, CV/AI Lab, ESDM Lab, Health Informatics Lab, MediElectronics Lab, VR/AR Lab, Fintech SandBox, FabLab, SMARTLab, and Atal Incubation Centre (AIC).
• STPINEXT Initiatives Section 8 company set up as a special purpose vehicle to bolster R&D, innovation, and product development to brace the challenges of Industry 4.0.
• Beyond Academics Program for industry-academia collaboration including skilling, internship, and apprenticeship programs managed through STPI centres.

Quantifiable outcome

• Software exports grew from Rs. 52 crores (1992-93) to Rs. 10,69,270.59 crores (2024-25)
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and flagship.

• C-DAC (Centre for Development of Advanced Computing)coreStrategic or Co-development Partner · 3 December 2025Collaboration on AI Innovation announced December 2025, forging partnerships for AI technology development and progress.
• Government of GujaratcoreStrategic or Co-development PartnerCollaboration for FinGlobe Centre of Entrepreneurship in FinTech at STPI-Gandhinagar, GIFT City with 50 plug-and-play incubation seats. Focus on encouraging startups for creation of financial products and services.
• Government of KarnatakacoreStrategic or Co-development PartnerCollaboration for Efficiency Augmentation CoE at Bengaluru, bringing together international community and industry for infrastructure and business transformation.
• Hewlett Packard Enterprise India Private Limited (HPEIPL)coreTechnology or IntegrationIndustry partner for Efficiency Augmentation CoE providing technology expertise and industry collaboration.
• Government of OdishacoreStrategic or Co-development PartnerCollaboration for EmTek (Emerging Technologies), VARCoE (AR/VR), and Electropreneur Park Bhubaneswar CoEs to foster innovation and entrepreneurship in Industry 4.0.
• MeitY (Ministry of Electronics & Information Technology)flagshipStrategic or Co-development PartnerPrimary government ministry providing policy direction and funding for STPI schemes, CoEs, and incubation programs including NGIS.
• ISB-Mohali (Indian School of Business)coreStrategic or Co-development PartnerPartner for NEURON Centre of Entrepreneurship in AI/Data Analytics, IoT and AVG at Mohali.
• Punjab Technical University (PTU)coreStrategic or Co-development PartnerPartner for NEURON Centre of Entrepreneurship in AI/Data Analytics, IoT and AVG at Mohali.
• IIT BhubaneswarcoreStrategic or Co-development PartnerCollaboration for VARCoE (Virtual & Augmented Centre of Entrepreneurship) focusing on AR/VR research and advanced algorithms.
• Dr. Panjabrao Deshmukh Krishi Vidyapeeth (PDKV)coreStrategic or Co-development PartnerPartner for FASAL CoE (IoT in Agriculture) at Akola focusing on digital farming and agriTech innovation.

Scale indicators8 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• IIT Bombay SINE (Society for Innovation and Entrepreneurship): Premier academic technology business incubator hosted at IIT Bombay — comparable as a leading Indian deep-tech/enterprise incubation platform serving startups with mentoring and infrastructure, competing for the same cohort of early-stage ventures.
• T-Hub: India's largest startup incubator based in Hyderabad — directly comparable as a prominent Indian innovation hub focused on technology entrepreneurship, with overlapping focus areas including AI, IoT, and emerging tech.
• C-DAC (Centre for Development of Advanced Computing): Autonomous scientific society under MeitY focused on advanced computing R&D, including supercomputing, AI, and cybersecurity — directly comparable as a MeitY-anchored autonomous body with overlapping mandates in technology development, and an explicit STPI partner for AI innovation.
• NIXI (National Internet Exchange of India): Neutral Internet Exchange established under MeitY for peering and interconnection of ISPs — comparable as a MeitY-anchored autonomous body in internet infrastructure, and notably set up by STPI in 2004 alongside CERT-In.

Emerging players

• 91springboard: Private co-working and incubation network across India — partially comparable as a startup workspace provider with similar geographic spread across multiple Indian cities, though purely private-sector and community-driven.
• IIT Madras Research Park / IIT Incubation Cells: IIT-affiliated research parks and incubation cells offering deep-tech infrastructure, mentoring, and industry partnerships — partially overlapping with STPI's CoE model in serving research-driven startups in domains like AI, IoT, and advanced manufacturing.

Broad incumbents

• Nasscom (National Association of Software and Service Companies): India's apex IT/ITeS industry trade body representing software exporters and service companies — broadly comparable as the industry-level counterpart that complements STPI's regulatory role with industry advocacy, policy, and ecosystem initiatives.
• NSIC (National Small Industries Corporation): Government enterprise under Ministry of MSME providing infrastructure, financing, and support to small/medium enterprises — comparable as a parallel government body operating infrastructure schemes for industry promotion.
• BharatNet (BBNL): Government broadband infrastructure initiative to connect all gram panchayats — comparable as a government-led telecom/data infrastructure project under India's digital push, analogous in mission to STPI's last-mile connectivity efforts.

Others

• TiE (The Indus Entrepreneurs): Global non-profit fostering entrepreneurship through mentoring, networking, and education — thematically related as an ecosystem enabler for Indian startups and entrepreneurs, though focused on community/networking rather than physical infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/stpiindia
• Facebookfacebook.com/stpiindia
• LinkedInlinkedin.com/company/329725

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Software Technology Parks of India