- STP (Software Technology Parks) and EHTP (Electronic Hardware Technology Parks) boost software and electronics exports through tax incentives and simplified regulations
- Administered by the Software Technology Parks of India (STPI) under MeitY
- STP supports IT, SaaS, and software exports; EHTP focuses on hardware, components, and embedded systems
- Benefits include duty-free imports, 100% FDI, single-window clearance, and full repatriation of earnings
- Firms must maintain positive Net Foreign Exchange within 5 years and file periodic reports to STPI
- Schemes attract startups and foreign investors seeking low-cost, high-skill export bases in India’s tech ecosystem
