setup NSIC-STP Complex at New Delhi and Chennai under the Software Technology
Parks of India (STPI) Scheme. Software Technology Parks facilitate small
scale units to establish their units for the 100% export of software products.
To give a
philip to software exports and to encourage entrepreneurs in this industry,
Software Technology Parks of India (STPI) an autonomous society was set
up by Govt. of India under DOE. These Software Technology Parks cater
to the needs of entrepreneurs establishing units for 100% export of software
and also act as the nodal point for day to day formalities and as the
resource centre for member units. The units operating under this scheme
enjoys various benefits.
Technology Park is one of such parks established by the National Small
Industries Corporation Ltd. (A Govt. of India Enterprise, Ministry of
Industry) under the STPI scheme to promote small entrepreneurs in software
Features of STP Scheme
are given under single window clearance mechanism.
for project involving imported capital goods upto a cost of US $ 10
million with Indian investment are cleared by jurisdictional STP authorities
in a time bound manner under delegated authority.
equity is permitted.
imports in the STP units are completely duty free.
of capital goods are permitted.
purchases by STP units are eligible for the benefit of deemed exports.
of software development activity by STP units is permitted.
computer system for training purposes is permissible subject to the
condition that no computer terminals are installed outside the STP premises.
Imports: No import license is required. Import certificates are issued
on request by Director STPI (Noida / Chennai) for duty free Imports of
Capital Goods/Raw Material/Components.
Excise exemption is available on Capital goods bought from Domestic Market
on request from Director, STPI (Noida / Chennai) .
Holiday: Income tax holiday is available for STP units for a block of
ten years OR upto the year 2010, whichever is earlier.
The sales in domestic tariff area are permissible upto 25% of the exports
in value terms made by the STP unit.
Of NSIC-STP: NSIC Software Technology Park, New Delhi is located in a
prime location at Okhla Industrial Area adjacent to NSIC Bhawan. This
location is in the near vicinity to Nehru Place. (the commercial centre
of computer industry)
Technology Park, Chennai is located in a prime location at Guindy Industrial
Estate (Jawahar Lal Nehru Statue) with a total built area of 48,000 Sq.
Ft. This location is in the near vicinity to domestic and international
facilities are available at NSIC Software Technology Park.
Built-up Space: This enables the software
industries to commence their operations with minimum gestation period. A
complete environment for software development is thus set up as you work
in the cluster of software industries. Space is available in multiples of
Instant Power Connection: Instant power
connections are available at these locations. Generator facility is also
available on site, which will allow software units to work without any
Speed Data Link : High speed data
communication facility through satellite connection is available. The
member units can avail 64 kbps to 2Mbps dedicated leased channels. TCP/IP
connections are also available.
Business Centre: A business centre
comprising of Conference Hall, Photocopier, Fax, Training aids, etc. is
available inside the STP complex for the member units.
Telephones: Each member units will be provided with one telephone line
for business promotion on occupation.
Obligations for the Units
Member Units in STP Scheme have to fulfill export obligation as per the
US $ 0.25
5 times of CIF Value of imported capital goods whichever is higher and
20% net Foreign Exchange against export earnings
Monitoring of Private Bonded Warehouse: In order to facilitate duty free
imports the operation is required to be within customs bonded area. Units
have to get the customs bonding done for the area where they are going
to establish their software development and exporting unit.
a unit under NSIC-STP Complex, download the application forms from the
following links. Fill in the application form (pl. ensure that you give
all the required information) and contact The Manager, NSIC-STP at the
contact points given below. Please note that blank application forms are
also available at the office of the Manager, NSIC-STP.
Application Form for Space at NSIC-STP in
Format (STPFORM.DOC - 52 KB)
PDF Format (STPAPP.PDF - 20 KB)
NSIC-STP, New Delhi
Adjacent to NSIC Bhawan
Okhla Industrial Estate
New Delhi - 110 020
B-24, Guindy Industrial Estate
Chennai - 600 032