Software Technology Parks of India (STPI), Bangalore is a society under the Ministry of Information Technology, Govt of India. Recognizing the immense potential of the Indian Software Industry, the Ministry of Information Technology (MIT), Govt. of India brought out in 1986, a policy document on "Computer Software Export, Software Development and Training". Subsequently, in 1990, the Ministry of Information Technology (MIT), Govt. of India, formulated the Software Technology Park (STP) scheme to promote & facilitate software exports from India. Offering new fiscal incentives, state-of-the-art infrastructure and an investor friendly environment, the scheme has contributed to a steep growth in the Software Exports.