‘STPI efforts paid off’: IT exports zooms to Rs 4.21 trn in 2019-20

‘STPI efforts paid off’: IT exports zooms to Rs 4.21 trn in 2019-20

Determined efforts of the Software Technology Parks of India (STPI) in promoti

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Determined efforts of the Software Technology Parks of India (STPI) in promoting the IT industry has boosted exports from STP-registered units to Rs 4.21 trillion in 2019-20, according to Director General Omkar Rai.


STPI, an autonomous society under the Ministry of Electronics and Information Technology (MeitY), commemorated its 29th Foundation Day on June 5.



“The exports clocked by STP-registered units stands at Rs 4,21,103 crore during 2019-20 from Rs 52 crore in 1992-93. In last 3 decades, the determined efforts of in promoting IT industry and boosting software exports essentially reflect STPI’s commitment towards economic progress of the nation,” Rai was quoted as saying in a statement.


He added that is setting up more than 21 domain-centric Centres of Excellence (CoEs) in a collaborative manner across India.


“These CoEs will enable a pan India vibrant tech start-up ecosystem in times to come,” he said.


On the occasion of STPI’s 29th Foundation Day, a day-long webinar was…



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