India’s STP Units Record ₹7.73 Lakh Crore in Software Exports in FY2025–26

India’s technology export ecosystem continued its strong expansion in FY2025–26, with units operating under the Software Technology Park (STP) Scheme recording estimated exports of ₹7,73,898.97 crore.

The figure represents a substantial increase from ₹6,88,194.11 crore in FY2024–25 and ₹6,36,619.87 crore in FY2023–24, showing sustained growth in India’s software and IT-enabled services exports. The figures were provided by Union Electronics and Information Technology Minister Ashwini Vaishnaw in the Lok Sabha on August 12.

STP Network Expands to 2,125 Units

The number of units operating under the STP Scheme increased to 2,125 in FY2025–26, compared with 2,042 during the previous financial year.

The scheme is designed as a 100 per cent export-oriented framework for software and IT-enabled services. Software Technology Parks of India provides participating companies with statutory and regulatory services through a single-window system.

STP units reported estimated investment of ₹7,362.86 crore during FY2025–26, while imports stood at an estimated ₹9,960.26 crore.

Karnataka Leads India’s STP Exports

India’s major technology hubs continue to dominate software exports under the scheme.

Karnataka remained the largest contributor, recording estimated STP exports of ₹3,50,184.78 crore during FY2025–26.

Maharashtra followed with ₹1,62,594.11 crore, while Telangana contributed ₹1,13,101.83 crore. Tamil Nadu recorded ₹60,591.28 crore.

Other important contributors included:

• Uttar Pradesh — ₹28,442.69 crore
• Haryana — ₹26,885.28 crore
• West Bengal — ₹10,888.26 crore

Karnataka and Tamil Nadu each had 391 STP units, while Maharashtra had 367 and Telangana had 280.

Digital Processes Simplify Technology Exports

The expansion of software exports has been accompanied by efforts to reduce regulatory friction for technology companies.

STPI has automated processes such as SOFTEX filing, approvals and final intimation, allowing exporters to complete important statutory procedures electronically.

Its online system has also been integrated with the Reserve Bank of India’s Export Data Processing and Monitoring System (EDPMS). This allows export declaration information to move electronically to the RBI in near real time.

The integration reduces manual intervention, improves data accuracy and speeds up regulatory compliance for software and IT-enabled services exporters.

Software Exports Strengthen India’s Global Technology Position

The rise from ₹6.36 lakh crore in STP exports in FY2023–24 to an estimated ₹7.73 lakh crore in FY2025–26 underlines the continued international demand for India’s software and technology services.

It also demonstrates the economic importance of India’s established technology centres in Bengaluru, Hyderabad, Pune, Mumbai, Chennai and the National Capital Region, while newer technology ecosystems continue to emerge across other states.

The STP model has played an important role in this expansion by combining export-oriented infrastructure with simplified regulatory mechanisms.

As India moves further into artificial intelligence, cloud services, semiconductor design, cybersecurity, engineering R&D and digital platforms, its software export base provides an important foundation for the next stage of technology-led economic growth.

The ₹7.73 lakh crore export milestone therefore reflects more than the growth of individual technology companies. It highlights India’s increasing role as a major global centre for software development, digital services and technology-driven exports.

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Source: DD News / Information provided by the Ministry of Electronics and Information Technology in Lok Sabha, August 2026.

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