STP Exports — Key FY26 Metrics
Rs. 7,73,898.97 crore
Based on reported rupee values
Up from 2,042 in FY25
Rs. 3,50,184.78 crore exports
US$ 817.0 million
US$ 1.11 billion
US$ 81.40 billion
2,059 STP units
Overview
India's Software Technology Park (STP) units recorded estimated exports of Rs. 7,73,898.97 crore (US$ 87.57 billion) in FY26, compared with Rs. 6,88,194.11 crore (US$ 81.40 billion) in FY25, highlighting the continued expansion of India's IT and IT-enabled services export ecosystem.
The number of STP units also increased to 2,125 in FY26, from 2,042 in FY25 and 2,059 in FY24. Estimated investment by STP units reached Rs. 7,362.86 crore (US$ 817.0 million), while estimated imports stood at Rs. 9,960.26 crore (US$ 1.11 billion).
Key Highlights
- STP exports reached Rs. 7,73,898.97 crore (US$ 87.57 billion) in FY26.
- Exports increased from Rs. 6,88,194.11 crore in FY25.
- STP units increased to 2,125 in FY26.
- FY24 STP exports stood at Rs. 6,36,619.87 crore.
- Estimated investment reached Rs. 7,362.86 crore in FY26.
- Estimated imports stood at Rs. 9,960.26 crore.
- Karnataka remained the largest contributor with exports of Rs. 3,50,184.78 crore.
- Maharashtra recorded exports of Rs. 1,62,594.11 crore.
- Telangana recorded exports of Rs. 1,13,101.83 crore.
- Tamil Nadu recorded exports of Rs. 60,591.28 crore.
STP Export Performance
The STP ecosystem has continued to expand, supported by India's strong capabilities in software development and IT-enabled services.
| Year | STP Units | Estimated Exports |
|---|---|---|
| FY24 | 2,059 | Rs. 6,36,619.87 crore |
| FY25 | 2,042 | Rs. 6,88,194.11 crore |
| FY26 | 2,125 | Rs. 7,73,898.97 crore |
STP exports increased by approximately 12.45% year-on-year in FY26 based on the reported rupee values.
State-wise Contribution
Karnataka continued to dominate India's STP export ecosystem, followed by Maharashtra, Telangana and Tamil Nadu.
| State | FY26 Estimated Exports |
|---|---|
| Karnataka | Rs. 3,50,184.78 crore |
| Maharashtra | Rs. 1,62,594.11 crore |
| Telangana | Rs. 1,13,101.83 crore |
| Tamil Nadu | Rs. 60,591.28 crore |
The concentration of exports in these major technology hubs highlights their continued importance to India's software and IT-enabled services ecosystem.
STP Scheme & Digital Facilitation
The STP Scheme is a 100% export-oriented initiative supporting software and IT-enabled services exports.
Software Technology Parks of India (STPI) provides statutory services through a single-window clearance system, helping technology exporters simplify regulatory and compliance processes.
Automated Statutory Services
- SOFTEX filing
- Approvals
- Final intimation
- Export declaration processing
EDPMS Integration
- Online system integrated with RBI's EDPMS
- Near real-time transmission of export declaration data
- Reduces manual reconciliation for exporters
- Strengthens digital trade facilitation
Ease of Doing Business
Import and regulatory procedures under the STP framework have also been simplified. Key measures include the following, aimed at reducing manual intervention and simplifying compliance for STP units:
Blanket Import Permissions
Replacement of case-to-case import permissions with blanket permissions for the relevant financial year.
Self-Declaration for DTA Sales
Replacement of prior approval for Domestic Tariff Area sales with self-declaration in most cases.
Digital Export Transmission
Digital transmission of export declaration information, reducing paperwork and processing time.
Greater Automation
Greater automation of statutory services across the STP compliance ecosystem.
Why This Matters
India's software and IT-enabled services sector remains a major contributor to the country's services export ecosystem. The rise in STP exports to US$ 87.57 billion in FY26 demonstrates the continued international demand for India's technology capabilities.
The increasing number of STP units, combined with greater digitalisation of regulatory processes, can further support technology companies seeking to operate in India's export-oriented software ecosystem.
💡 FinIntelHub Insight
Digital Trade Facilitation Reinforces Export Momentum
The 12.45% year-on-year increase in STP exports to Rs. 7,73,898.97 crore in FY26 highlights the continued strength of India's technology export ecosystem. Karnataka remains the dominant STP export hub, while Maharashtra, Telangana and Tamil Nadu continue to make significant contributions.
Beyond export growth, the increasing automation of STPI's regulatory processes and integration with RBI's EDPMS indicate a broader shift towards digital trade facilitation. Simplified import procedures, automated SOFTEX services and reduced physical intervention could improve compliance efficiency for technology exporters, particularly as India's software and IT-enabled services ecosystem continues to expand.
Source: Software Technology Parks of India (STPI), Government of India.
Disclaimer: FinIntelHub is not responsible for any errors or omissions in the information presented. The data and information are compiled from secondary sources and are provided for informational and research purposes only.