Software Technology Parks
 

NSIC has 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.

STPI Scheme

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.

NSIC Software 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 development.

Salient Features of STP Scheme

  • Approvals are given under single window clearance mechanism.

  • Approvals 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.

  • 100% foreign equity is permitted.

  • All the imports in the STP units are completely duty free.

  • Re-export of capital goods are permitted.

  • Domestic purchases by STP units are eligible for the benefit of deemed exports.

  • Subcontracting of software development activity by STP units is permitted.

  • Use of computer system for training purposes is permissible subject to the condition that no computer terminals are installed outside the STP premises.

Benefits

Duty Free 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 Relief: Excise exemption is available on Capital goods bought from Domestic Market on request from Director, STPI (Noida / Chennai) .

Income Tax Holiday: Income tax holiday is available for STP units for a block of ten years OR upto the year 2010, whichever is earlier.

DTA Sales: The sales in domestic tariff area are permissible upto 25% of the exports in value terms made by the STP unit.

Location 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)

NSIC Software 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 Airports.

Infrastructure

Following 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 1000 sq.ft.

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 interruptions.

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

Export Obligation: Member Units in STP Scheme have to fulfill export obligation as per the following formula.

US $ 0.25 Million OR 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.

Application Procedure

For establishing 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.

Download Application Form for Space at NSIC-STP in

MS-WORD Format (STPFORM.DOC - 52 KB)
PDF Format (STPAPP.PDF - 20 KB)

Contact Details

NSIC-STP, New Delhi
Officer Incharge
NSIC-STP Complex
Adjacent to NSIC Bhawan
Okhla Industrial Estate
New Delhi - 110 020
E-Mail: stp@nsic.co.in

NSIC-STP, Chennai
Officer Incharge
NSIC-STP Complex
B-24, Guindy Industrial Estate
Ekkaduthangal,
Chennai - 600 032
E-Mail: stpnsicchn@vsnl.net

 

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