Software Technology Parks of India (STPI), an autonomous society under Ministry of Electronics and Information Technology, Govt. of India has been set up with distinct focus to boost up Software export from the country.
STPI-Bengaluru has been the backbone for the growth of software and hardware industry in Karnataka since last three decades and has enabled Bengaluru to emerge as one of the largest IT clusters across the globe, coined as Silicon Valley of India. STPI-Bengaluru has warranted the growth of software exports from the Karnataka region and generated employment and entrepreneurial opportunities by buoying the economic progress of the nation. In FY 2020-21, STPI-registered units under STPI-Bengaluru jurisdiction contributed Rs. 2.14 lakh crore IT/ITeS/ESDM exports.
