STP units record over US$ 87.57 billion in exports in FY 2025-26
- IBEF
- August 17, 2026
India’s Software Technology Park (STP) units recorded estimated exports of Rs. 7,73,898.97 crore (US$ 87.57 billion) in FY26, up from Rs. 6,88,194.11 crore (US$ 81.40 billion) in FY25, highlighting the continued expansion of the country’s IT and IT-enabled services export ecosystem. The number of STP units increased to 2,125 in FY26 from 2,042 in FY25 and 2,059 in FY24, while exports stood at Rs. 6,36,619.87 crore (US$ 76.90 billion) in FY24. The estimated investment by STP units reached Rs. 7,362.86 crore (US$ 817.0 million) in FY26, while estimated imports stood at Rs. 9,960.26 crore (US$ 1.11 billion). Karnataka remained the largest contributor with estimated exports of Rs. 3,50,184.78 crore (US$ 38.91 billion), followed by Maharashtra at Rs. 1,62,594.11 crore (US$ 18.07 billion), Telangana at Rs. 1,13,101.83 crore (US$ 12.57 billion) and Tamil Nadu at Rs. 60,591.28 crore (US$ 6.73 billion).
The STP Scheme is a 100% export-oriented initiative supporting software and IT-enabled services exports, with Software Technology Parks of India (STPI) providing statutory services through a single-window clearance system. To improve ease of doing business, STPI has automated statutory services including SOFTEX filing, approvals and final intimation, while its online system has been integrated with the Reserve Bank of India’s Export Data Processing and Monitoring System (EDPMS) for near real-time transmission of export declaration data. Import procedures have also been simplified by replacing case-to-case permissions with blanket permissions for the relevant financial year, while prior approval for Domestic Tariff Area sales has been replaced with self-declaration in most cases. These measures are expected to streamline regulatory compliance, reduce manual intervention and further strengthen India’s IT export ecosystem.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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