STP Units Achieve ₹7.73 Lakh Crore Exports in FY 2025-26
The Software Technology Parks (STP) scheme, a 100% export-oriented initiative by the Ministry of Electronics & IT, recorded significant export performance with STP units achieving ₹7,73,898.97 crore (estimated) in exports during FY 2025-26. This represents growth from ₹6,36,619.87 crore in FY 2023-24 and ₹6,88,194.11 crore in FY 2024-25. The number of operational STP units increased to 2,125 in FY26 from 2,042 in FY25 and 2,059 in FY24.
State-wise Performance Analysis
Karnataka remained the top exporting state with ₹3,50,184.78 crore in FY26, followed by Telangana (₹1,13,101.83 crore) and Maharashtra (₹1,62,594.11 crore). Other significant contributors included Tamil Nadu (₹60,591.28 crore), Haryana (₹26,885.28 crore), and Uttar Pradesh (₹28,442.69 crore). Total imports by STP units were estimated at ₹9,960.26 crore in FY26, remaining relatively stable compared to ₹9,947.47 crore in FY24 and ₹9,482.27 crore in FY25.
Investment Trends and Regional Distribution
Reported investments by STP units declined to ₹7,362.86 crore in FY26 from ₹10,709.92 crore in FY24 and ₹8,870.78 crore in FY25. Maharashtra had the highest number of STP units at 367, followed by Karnataka (391), Tamil Nadu (391), Telangana (280), and Haryana (87). Several states showed increased unit registrations including Odisha (132 units, up from 117), Uttar Pradesh (107 units, up from 99), and West Bengal (68 units, up from 67).
Regulatory Simplification Measures
STPI implemented several measures to improve ease of doing business including automation of statutory services such as SOFTEX filing and approval, integration with RBI's Export Data Processing and Monitoring System (EDPMS) for real-time data sharing, replacement of case-to-case import permissions with blanket annual permissions, and substitution of prior Domestic Tariff Area sales permissions with self-declaration requirements (except for first-year advance sales). These initiatives aim to reduce manual intervention, enhance transparency, and streamline regulatory compliance for IT/ITeS exporters.
The information was presented by Union Minister of Electronics and IT Shri Ashwini Vaishnaw in Lok Sabha on August 12, 2026, highlighting the government's ongoing support for IT sector expansion through the STP scheme.