ENA Sectors 2024-06-06 13:53:09 <p><span style="font-size:14px"><strong>New Delhi, Jun 6 (KNN)</strong> The Indian IT industry has achieved a remarkable milestone, with exports from Software Technology Parks of India (STPI) registered units surpassing the staggering Rs 9 lakh crore mark in the 2024 financial year.</span></p> <p><span style="font-size:14px">This astronomical figure highlights the exponential growth and global dominance of the country's tech prowess.</span></p> <p><span style="font-size:14px">The announcement was made by STPI Director General Arvind Gupta during the 33rd Foundation Day celebrations of the organisation on Wednesday.</span></p> <p><span style="font-size:14px"> STPI has played a crucial and important role in nurturing the IT industry to reach this stage. The exports from STPI registered units have reached an incredible Rs 9.19 lakh crore, Gupta stated.</span></p> <p><span style="font-size:14px">Reflecting on STPI's humble beginnings, Gupta noted that in its first year of establishment in 1991, the registered units reported exports of merely Rs 17 crore.</span></p> <p><span style="font-size:14px">The meteoric rise to over Rs 9 lakh crore in just over three decades is a testament to the unwavering efforts of STPI and the resilience of the Indian IT sector.</span></p> <p><span style="font-size:14px">STPI's journey has been intrinsically linked to the growth of the tech ecosystem in the country.</span></p> <p><span style="font-size:14px">With 65 centres across India, including 57 in tier 2 and tier 3 cities, the organisation has played a pivotal role in driving employment, revenue generation, and the migration of business process outsourcing (BPO) operations to smaller cities.</span></p> <p><span style="font-size:14px">Gupta emphasised STPI's mandate to expand entrepreneurship and the IT-ITeS industry beyond metropolitan hubs. The Ministry has mandated us to expand entrepreneurship, expand IT-ITeS industries to tier 2, tier 3 cities.</span></p> <p><span style="font-size:14px">As a result of that, we have 55 centres across the country which are in tier 2 and tier 3 cities. We have created a lot of employment, lot of revenue, and migration of BPO's to tier 2 and tier 3 cities. </span></p> <p><span style="font-size:14px">With 24 entrepreneurship centres nurturing over 1,000 startups across various domains, STPI continues to foster innovation and provide a nurturing environment for budding tech entrepreneurs.</span></p> <p><span style="font-size:14px">The monumental achievement of crossing Rs 9 lakh crore in exports underscores India's emergence as a global tech superpower and the pivotal role played by STPI in catalysing this remarkable growth journey.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 38091 https://knnindia.co.in/news/newsdetails/sectors/it-exports-from-stpi-units-cross-rs-9-lakh-crore-mark 2024-06-06 13:53:09 knnindia.co.in