After the presentation of the
business plan in STPI, Jaipur on 13 November, 2009, we did the most difficult part, that is, waiting. So after a long wait of over a month, we have received now the "Approval Letter for STP Units", what it mainly does is approve the company as a member of STPI and extends all the benefits and facilities offered for STPI members to it.
So while it is time to cheer for the approval, the process is not yet complete. Next step is to sign up the "Legal Agreement" and deposit an advance fees for the transitions. And then focus should be on this line of the approval letter: "The unit should be custom bonded."
