STPI set a gold standard for IT industry.
In 20 years, STPI grew from 3 to 51 centres pan India with 44 centres in Tier-II/III cities, enabling the dispersion of IT industry. 2 million direct employment was registered in IT/ITeS sector with 75% of the total employment was provided by STPI units.
STPI units doubled the exports in just 3 years with over Rs. 2 lakh crore exports in 2009. In a historic first, STPI provisioned 1 Gbps bandwidth to customers across the country.
Despite the lapse of tax exemption provided to STP units under 10A/10B on March 31, 2011, STPI units grew tremendously due to ease of doing business, no administrative hurdles and transformative efforts while implementing the STP/EHTP scheme expeditiously.
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