Special Economic Zones (SEZ) and Software Technology Park of India (STPI) advisory support
India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000. This policy intends to make SEZs an engine for economic growth supported by quality infrastructure complemented by an attractive fiscal package, both at the Centre and the State level, with the minimum possible regulations.
Software Technology Parks of India was established and registered as an Autonomous Society under the Societies Registration Act 1860, under the Department of Electronics & Information Technology, Ministry of Communications and Information Technology, Government of India on 5th June 1991 with an objective to implement STP Scheme, set-up and manage infrastructure facilities and provide other services like technology assessment and professional training.The objectives of the Software Technology Parks of India are promote the development and export of software and software services including Information Technology (IT) enabled services/ Bio- IT, to provide statutory and other promotional services to the exporters by implementing Software Technology Parks (STP)/ Electronics and Hardware Technology Parks (EHTP) Schemes and other such schemes which may be formulated and entrusted by the Government from time to time, to provide data communication services including value added services to IT / IT enabled Services (ITES) related industries and to promote micro, small and medium entrepreneurs by creating conducive environment for entrepreneurship in the field of IT/ITES.
We provide complete lifecycle support in form of regulatory, compliance, litigation and representation services for enabling an entity to enjoy benefits under SEZ and STPI regulations.