Despite the crisis caused by the Covid-19 pandemic, about 5,100 units under Indian Software Technology Parks (STPI) achieved exports worth ₹ 5 lakh crore (temporary) in FY20-21.
“Exports of about 60 4.60 lakhs in value were registered in the period 2019-20. “Despite the enormous difficulties caused by the crisis, STPI units could continue the momentum of growth,” Omkar Rai, CEO of STPI, told Omkar Rai. BusinessLine.
Bengaluru was led by a pack, followed by Pune, Hyderabad, Chennai, Gurugram and Noida.
“We expect a growth rate of 5-6 percent in 2021-22, because the IT industry has the ability to transform other companies in the adoption of digital technologies and help them survive and grow in difficult times,” he said.
Nasscom tied IT exports to $ 150 billion, up about 2 percent from a year earlier. Although Nasscom collects information from all IT and IT-enabled companies, STPI’s data highlights only exports registered by units under its jurisdiction.
Interestingly, STPI has received 600 applications from potential entrepreneurs who want to bring their IT business under Nasscom’s jurisdiction. “The interest of new entrepreneurs has not diminished despite sluggish business sentiments in the period 2020-21. We received 600 new applications in the crisis year, the same number we see every year, ”he said.
Open more centers
STPI, which has begun to encourage the launch of new technologies, will open 12 more centers of excellence across the country during 2021-22. “Last year we opened 13 such centers. We will open Council of Europe in Bengaluru, Patna, Akola, Dehradun, Bhubaneswar, Visakpatham and three in the northeast, ”Rai said.
Council of Europe offers incubation and acceleration services to start-ups in blockchain, fintech, the Internet of Things, augmented reality and virtual reality, automation, gaming and animation.