India’s IT sector continues to be a global powerhouse, and the Software Technology Parks (STP) Scheme has played a pivotal role in strengthening this ecosystem. According to the latest figures released by the Ministry of Electronics & IT, STP units recorded exports worth ₹7.73 lakh crore in FY 2025-26, marking a steady rise from ₹6.36 lakh crore in FY 2023-24 and ₹6.88 lakh crore in FY 2024-25.
In a bunch of major reforms by the government of India, one is integration with RBI’s EDPMS (Export Data Processing and Monitoring System) for IT exporters, wherein STPI’s online platform for IT exporters has been seamlessly linked with the Reserve Bank of India’s EDPMS.
In simple terms, EDPMS is RBI’s way of asking: “Did the money for this export actually come in, and does it match the shipment details?”
This integration enables near real-time electronic transmission of export declarations to the RBI, ensuring faster data exchange, greater accuracy, and improved transparency. By reducing manual intervention, it strengthens monitoring of export transactions and simplifies regulatory compliance for IT/ITeS exporters.
In simple terms, EDPMS is RBI’s way of asking: “Did the money for this export actually come in, and does it match the shipment details?”
This integration enables near real-time electronic transmission of export declarations to the RBI, ensuring faster data exchange, greater accuracy, and improved transparency. By reducing manual intervention, it strengthens monitoring of export transactions and simplifies regulatory compliance for IT/ITeS exporters.
Key Highlights of STP Performance
- Export Growth: Exports surged by over ₹1.37 lakh crore in just two years, reflecting India’s expanding footprint in global IT/ITeS markets.
- Unit Expansion: The number of STP units rose to 2,125 in FY 2025-26, up from 2,042 in FY 2024-25.
- Investment Trends: Reported investments declined from ₹10,709 crore in FY 2023-24 to ₹7,362 crore in FY 2025-26, indicating a shift toward leaner, more efficient operations.
- Imports: Imports remained steady, with ₹9,960 crore reported in FY 2025-26.
State-Wise Leaders in IT Exports
- Karnataka: Dominated with exports worth ₹3.50 lakh crore in FY 2025-26, cementing Bengaluru’s status as India’s Silicon Valley.
- Telangana: Achieved ₹1.13 lakh crore in exports, showcasing Hyderabad’s growing IT strength.
- Maharashtra: Reported ₹1.62 lakh crore in exports, driven by hubs like Pune and Mumbai.
- Tamil Nadu: Crossed ₹60,000 crore in exports, highlighting Chennai’s robust IT ecosystem.
- Haryana: Delivered ₹26,885 crore in exports, reflecting Gurugram’s expanding IT services base.
Ease of Doing Business Reforms
- Automation of Services: SOFTEX filing and approvals are now fully automated, reducing delays.
- Integration with RBI: Export data is seamlessly transmitted to RBI’s EDPMS system, ensuring transparency and compliance.
- Simplified Imports: Blanket import permissions have replaced case-by-case approvals.
- Self-Declaration for DTA Sales: Units can now declare domestic sales without prior permissions, except in their first year.
STP Units Performance (FY 2023-24 to FY 2025-26)
| FY 2023-24 | FY 2024-25 | FY 2025-26 | |
|---|---|---|---|
| Total No of STP Units | 2059 | 2042 | 2125 |
| Total Investment reported by STP units (₹ Crore) | 10,709.92 | 8,870.78 | 7,362.86* |
| Total Imports by STP Units (₹ Crore) | 9,947.47 | 9,482.27 | 9,960.26* |
| Total Exports by STP Units (₹ Crore) | 6,36,619.87 | 6,88,194.11 | 7,73,898.97* |
*Estimated
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