The Software Technology Park (STP) Scheme is a 100 percent Export Oriented Scheme for the development and export of computer software, including export of professional services using communication links or physical media.
Overview of Software Technology Park Scheme
|Name||Software Technology Park Scheme|
|Also known as||STP|
|Launched by||Government of India|
|Sector||Central sector scheme|
|Nodal Ministry||Ministry of Electronics and Information Technology|
|Objective||promotion of software exports from the country|
Objective and Benefits of Software Technology Park Scheme
This scheme is unique in its nature as it focuses on one product / sector, i.e. computer software. The scheme integrates the government concept of 100 percent Export Oriented Units (EOU) and Export Processing Zones (EPZ) and the concept of Science Parks / Technology Parks, as operating elsewhere in the world.
Software technology park in India