Exports by STPI units stood at Rs 5.69 lakh cr in FY22

New Delhi, June 6 (KNN) Exports through Software Technology Parks of India (STPI) units has been recorded at Rs 5.69 lakh crore during the financial year of 2021-22.

Celebrating its 31st Foundation Day today, Arvind Kumar, Director General of STPI said “Exports through STPI units have grown from Rs 17 crore in FY92 to Rs 5.69 lakh crore in FY22.”

He credited the growth to STPI’s attitude of being an enabler and not just a regulator.

“We have shown the world that if you want to see the growth of industry, in place of regulating it, enable it,” he added.

Kumar congratulated all the employees and said, “STPI has won the trust of all stakeholders including government & industry in STPI and this trust infuses transparency in the organization.”

STPI under the Ministry of Electronics and Information Technology (MeitY) is working with the objective of encouraging, promoting, boosting Software Exports, and nurturing the startup ecosystem in the country.

In line with the resounding success of the Indian IT services industry, STPI is now also augmenting itself to become a catalyst to make India a Startup and Product Nation.  (KNN Bureau)