Now Reading: STP scheme exports cross ₹7.73 lakh crore in FY26, up 21.5%
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STP scheme exports cross ₹7.73 lakh crore in FY26, up 21.5%
India's Software Technology Park (STP) units exported an estimated ₹7.73 lakh crore in FY 2025-26, a 21.56% jump from ₹6.36 lakh crore in FY 2023-24, according to data from the Ministry of…
The Story in Brief
India's Software Technology Park (STP) units exported an estimated ₹7.73 lakh crore in FY 2025-26, a 21.56% jump from ₹6.36 lakh crore in FY 2023-24, according to data from the Ministry of Electronics and IT. The annual growth was consistent, with exports rising to ₹6.88 lakh crore in FY 2024-25 before the latest leap.
However, total investment by STP units fell from ₹10,709.92 crore to ₹8,870.78 crore in FY 2024-25 and further to ₹7,362.86 crore in FY 2025-26. Imports remained steady around ₹9,960 crore. Karnataka led state-wise exports at ₹3.5 lakh crore, followed by Maharashtra and Telangana. The number of STP units rose to 2,125 in FY26 from 2,059 in FY24, with Karnataka and Tamil Nadu hosting 391 each.
The Indian Opinion
Narratives that the IT export boom hides a fading investment story are too simple. The decline in STP investment, from ₹10,709 crore to ₹7,362 crore over three years, warrants a closer look, but the number of units actually rose in FY26. The real test will be whether imports, which stayed flat near ₹9,960 crore, start outpacing export growth, hinting at a services trade deficit in this segment.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
