Now Reading: STP exports rise 21.56% to ₹7.73 lakh crore
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STP exports rise 21.56% to ₹7.73 lakh crore
India's Software Technology Park (STP) units recorded estimated exports of ₹7.73 lakh crore in FY26, a 21.56% increase from ₹6.36 lakh crore in FY24, the Ministry of Electronics and IT said. Separately,…
The Story in Brief
India's Software Technology Park (STP) units recorded estimated exports of ₹7.73 lakh crore in FY26, a 21.56% increase from ₹6.36 lakh crore in FY24, the Ministry of Electronics and IT said. Separately, Electronics Hardware Technology Park (EHTP) units rose to 79 in FY26 from 70 in FY24, with exports of ₹11,200 crore, the government told Lok Sabha. Karnataka led both schemes, accounting for ₹3.50 lakh crore of STP exports and 34 EHTP units. Total investment in STP units fell to ₹7,362 crore from ₹10,709 crore over the same period. STP units numbered 2,125 in FY26, up from 2,059 in FY24.
The Indian Opinion
The export jump is good news, but the government's narrative of success overlooks the worrisome drop in investment by STP units, from ₹10,709 crore to ₹7,362 crore. EHTP exports also moderated in FY26. The real test is whether simplified procedures and digital clearances will reverse the investment slide in the next fiscal year.
Sources (2): thehindubusinessline.com, livemint.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
