STPI's 28 new centres of excellence to spur exports, meet domestic demand

Software products exports seen rising to $80-90 billion by 2025


Representative image

Jayajit Dash Bhubaneswar
Software Technology Parks of India (STPI) aims to boost exports from its upcoming 28 Centres of Excellence in the country.

STPI plans to establish 28 such centres with eminent focus on software products innovation and R&D. The products designed at the centres will cater to the demand of the domestic market and also strengthen exports.

“Over the years, the IT industry has moved up the value chain. Our aim is to create more software products and grab a bigger share of the global markets. Currently, our software products exports are valued at $8 billion against the global market size of

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 05 2019 | 5:55 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to