Software Technology Parks of India:
The Software Technology Parks of India (STPI) is expanding beyond traditional metro hubs to promote inclusive IT growth, focusing on Tier 2 and 3 cities.
- It aims to encourage entrepreneurship in software, business process management, and product innovation to build India’s largest tech startup ecosystem under the National Policy on Software Products (NPSP) 2019.
- Established in 1991, the STPI is an autonomous society registered under the Societies Registration Act, 1860.
- It was set up under the then Department of Electronics (now Ministry of Electronics & Information Technology) to implement the Software Technology Park (STP) and Electronics Hardware Technology Park (EHTP) schemes.
- It provides high-speed data communication, incubation facilities, and supports start-ups across India through initiatives like Centres of Entrepreneurship (CoEs) and the Next Generation Incubation Scheme (NGIS).
- Achievements: Currently operating 67 centres, with 59 in non-metro locations, STPI created 17 lakh sq. ft. of incubation space to support startups and MSMEs in smaller towns.
