The country’s tech flagship, Karnataka, has stayed afloat during the COVID-19 lockdown with Software Technology Parks of India (STPI) units reporting export of software worth ₹36,459 crore over the three-month period of March to May. Although STPI does not have export numbers for the corresponding period last year, it reported software exports of ₹1,74,894 crore for the whole fiscal 2018-19. Exports from Karnataka saw a growth from ₹5.6 crore in 1991-92 to ₹1,74,894 crore in 2018-19, which is 41% of the total current National Exports. “STPI companies report their export numbers only once a year and therefore we do not keep monthly or quarterly numbers. Figures for last three months are an exception, since we just wanted to know what was our exports during the lockdown period,” said an official at STPI.

Source: The Hindu June 10, 2020 02:23 UTC