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Investment in Software Technology Parks/Electronic Hardware Parks |
| To facilitate exports of electronic hardware and software projects, the Government has announced the Software Technology Parks Scheme, and Electronic Hardware Technology Parks schemes, on the lines of other EOUs. There are several government and private owned STPs in India, which provide: |
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State of the art, high speed data communication (HSDC) links through international gateways |
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International Private leased Circuits from 64 kbps to 2 Mbps |
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TCP/IP networks with full access to Internet |
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International video conferencing services |
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Incubation infrastructure for start-up space |
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| Foreign investments up to 100% equity holding are allowed in units set up under these schemes, subject to the following conditions: |
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An export of 150% of the value of hardware and software imports, to be met over 4 years; and |
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Annual exports of at least 150% the wage bill of the unit. |
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Software export units, including IT enabled services such as medical transcription centres, remote back office services, and international call centres, etc., qualify for all export tax benefits as available to other export oriented units, and are tax exempt till April 2010.
For further details please refer to www.stpi.soft.net |
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ICREON