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Statutory Services

Software Technology Park (STP) scheme is a 100% Export Oriented Scheme (100 % EOU). It is for the development and export of computer software using data communication link or physical media, including export of the professional services.

 

A.    STP Scheme
Government of India has declared computer software as one of the extreme focus area for growth of exports. Therefore, Govt. of India announced a special scheme to provide conducive environment as well as to promote software exports called "The Software Technology Park (STP) Scheme".

The STP scheme is a 100 percent export oriented scheme for the development and export of computer software, including export of professional services using communication links or physical media.

This scheme is unique in its nature as it focuses on one product/sector, i.e. computer software. The scheme integrates the government concept of 100 percent Export Oriented Units (EOUs) and Export Processing Zones (EPZs) and the concept of Science Parks/Technology Parks, as operating elsewhere in the world.

"The unique feature of the STP scheme is the provisioning of single-point contact services for member units, enabling them to conduct exports operations at a pace commensurate with international practices".

 

B.    EHTP Scheme

For encouraging exports of Electronic Hardware items including hard disk drives, computers, television, etc., such parks have been developed by the Ministry of Communications & Information Technology. An Electronic Hardware Technology Park (EHTP) may be an individual unit by itself or a unit located in an area designated as EHTP Complex. As in the case of STP Scheme, the EHTP Scheme is also administered by the Ministry of Electronics & Information Technology (MeitY).

Units undertaking to export their entire production of goods and services may be set up under the Electronic Hardware Technology Park (EHTP) Scheme. Such units may be engaged in manufacture and services. Commensurate with the policy to give a special thrust to export of electronic hardware, such units would be encouraged to be set up under the aforementioned export oriented scheme.

 

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