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 |
Launch year | 1991 |
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 |
Official website | https://www.meity.gov.in/content/stpi#:~:text=Software%20Technology%20Parks%20of%20India%20was%20set%20up%20in%201991,services%20to%20the%20software%20exporters. |
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.
External links
Software technology park in India