STPI units from Karnataka Export Rs.36,459 crores during the Covid-19 Lockdown
Karnataka’s IT industry stayed afloat, during the Covid19 lockdown, with STPI units exporting Rs. 36, 459 crores over a three-month period. Speaking on the occasion of 29th STPI foundation day celebrations, Dr. Omkar Rai DG STPI said that STPI was the first organization to enable work from home facility to its member units well before the national lockdown was declared during the COVID-19 period. To help start-ups during the Covid-19 lockdown to remain afloat, the government has waived-off rentals for start-ups operating out of the STPI for a period of four months from 1st March 2020 to 30th June 2020. 18 start-ups in Karnataka have therefore benefited from this.