STPI celebrates 34 years of catalysing India’s digital growth – Industry News

Software Technology Parks of India (STPI) marked its 34th Foundation Day, celebrating a legacy of driving India’s digital transformation and software export growth since its inception in 1991.

From its humble beginnings with three centres, STPI now operates 67 centres nationwide—59 of which are in Tier-II and Tier-III cities—playing a crucial role in decentralising the IT industry and promoting inclusive development.

Beyond exports, STPI has emerged as a powerhouse for startup incubation through 24 Centres of Entrepreneurship (CoEs), five Tier-3 data centres, and initiatives like the Next Generation Incubation Scheme (NGIS), BPO Promotion Scheme, and SAYUJ – a startup community network.

The organisation has also enabled the creation of over 2,205 products and facilitated 1,086 IPR filings. STPI’s 17 lakh sq. ft. of workspaces—featuring plug & play offices, labs, and shared amenities—support innovation and tech-driven enterprises nationwide.

From boosting IT/ITeS exports to empowering startups and fostering digital inclusion, STPI continues to anchor India’s innovation journey with a firm commitment to equitable growth and a digitally empowered future.

Speaking on the occasion, Arvind Kumar, director general, STPI, said: “Today is a proud moment for STPI. STPI started its journey with three centres, and at that time, the IT industry was at a nascent stage. Now, STPI has 67 centres across the country and these centres have played a vital role in transforming the IT industry. In 2024-25, the exports done by STPI registered units have reached to more than Rs 10 lakh crores. Aligned with the mandate of the Government of India, STPI is working for the dispersal of the IT industry to Tier-II & Tier-III cities of the country for inclusive growth. Also, STPI is nurturing the tech startup ecosystem across India through its 24 Centres of Entrepreneurship (CoEs) and NGIS and supported more than 1400 startups. Startups empowered through the STPI ecosystem have raised funds of Rs. 574 crores from investors so far. 

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