Software Technology Parks of India (STPI)

Software Technology Parks of India (STPI) is a government initiative established to boost the growth of the software and IT services sector in India. Launched in 1991, STPI provides infrastructure, support, and incentives for technology companies, particularly startups. It offers facilities such as high-speed internet, incubation spaces, and access to resources. STPI aims to foster innovation, promote exports, and enhance the competitiveness of Indian IT firms in the global market. By providing a conducive environment for software development, STPI has played a significant role in establishing India as a major player in the global IT industry.