Exports by STPI units in Q3 FY21 estimated at Rs 1.20 lakh crore: DG

The value of software exports by units registered under STPI is estimated to touch about Rs 1.20 lakh crore in the third quarter of the current financial year, a top official has said. This is 11.7% higher than around Rs 1.07 lakh crore worth of exports clocked by STPI-registered units in the corresponding period previous fiscal.

Exports by these units stood at almost Rs 1.21 lakh crore in the September quarter of the current fiscal, according to data by Software Technology Parks of India (STPI).

STPI Director General Omkar Rai told that the software exports by units registered under the scheme were estimated to be about Rs 1,20,140 crore in Q3 FY21 (December quarter), against Rs 1,07,549 crore in the same period of FY20.