National Policy on Software Products 2019

To create a robust software product ecosystem, the Government has approved the National Policy on Software Products - 2019, which aims to develop India as the global software product hub, driven by innovation, improved commercialisation, sustainable Intellectual Property (IP), promoting technology start­ups and specialized skill sets.

• Further, the Policy aims to align with other Government initiatives such as Start-up India, Make in India and Digital India, Skill India etc. so as to create Indian Software products Industry of $70-80 billion with direct & indirect employment of 3.5 million by 2025.

Broad Objectives of the Mission

• Design appropriate strategy for development of the software product industry to ensure optimum utilization of its potential and to establish India as a global Software Product Hub.
• Recommend specific policy measures to ensure an enabling ecosystem for design, development, innovation, value addition, based on use of ICT.
• Recommend specific initiatives to be undertaken to tap the full potential of the domestic and the international markets for the Software product industry.
• Monitor and collate various initiatives taken under this policy with an aim to create 3.5 million employment opportunities and boost software products revenue 10 times by 2025.
• Facilitate various Government agencies and other bodies in promotion of Software Products, specific to various programmes envisaged under this policy.
• Encourage States to participate in programmes and promote Indian Software Products in line with this policy.
• Monitor Software Product Development Fund (SPDF), Research & Innovation Fund.