Incap India wins STPI IT Exports Award for the eighth time
Incap Corporation | Press Release | November 06, 2026 at 09:00:00 EET
Incap Contract Manufacturing Services Pvt. Ltd. receives the STPI IT Exports Award for 2025–2026 in the category “Best Performer – Electronic Hardware Exports: Bengaluru (Exports up to INR 2,000 cr.)”.
“Receiving this recognition for the eighth time is a meaningful achievement for us and reflects the long-term development of our operations in India,” said Murthy Munipalli, President Asia Pacific. “Our success is built on the commitment of our people and the trust of our customers and partners. I would like to thank everyone who has contributed to this achievement. We are proud to continue strengthening our capabilities in India and supporting our customers with reliable, high-quality manufacturing services.”
“This award is a strong recognition of the outstanding work Murthy and the entire Incap India team have done over many years,” said Otto Pukk, President and CEO of Incap Corporation. “Their technical expertise, commitment and customer focus have built a strong platform for growth.”
The award will be presented at the STPI IT Export Awards 2026 ceremony, held as part of the 29th Bengaluru Tech Summit, on 17 November 2026 at the Bengaluru International Exhibition Centre (BIEC).
Software Technology Parks of India (STPI), an organisation under the Ministry of Electronics and Information Technology, Government of India, annually recognises companies under its Karnataka jurisdiction for their performance in IT and electronic hardware exports and their contribution to employment. Award recipients are selected by a committee comprising representatives from industry, academia and government. According to STPI, Karnataka accounted for 44% of India’s total IT and electronic hardware exports during the financial year 2025–2026.
Incap India previously received the STPI IT Exports Award in 2013, 2016, 2019, 2020, 2021, 2023 and 2025. The company has been a member of STPI since 2007.
Incap India factory is located in Tumkur, Karnataka near Bangalore. The three factories at Incap India have 34,561 square meters of total floor space and produce inverters and UPS, battery chargers, PCBs for fuel and cash dispensers, power supply units, rescue devices, solar inverters, drives and medical devices as well as devices for other electronic industrial products. The machinery is suitable for common component technologies, and together with the great location and skilled personnel, Incap India can provide high-quality manufacturing services to meet the most demanding customer needs.
Photos of the Incap India factory: https://incapcorp.com/media-gallery/#incap-india
INCAP CORPORATION
Additional information:
Otto Pukk, President and CEO, tel. +372 508 0798
Murthy Munipalli, President Asia Pacific, tel. +91 98802 31431
Incap in brief
Incap Corporation is a trusted partner and global full-service provider in Electronics Manufacturing Services (EMS). Incap supports customers from large multinationals and mid-sized companies to small start-ups across their entire value chain, from design and engineering to manufacturing. Incap offers state-of-the-art technology supported by an entrepreneurial culture and highly skilled personnel. The company has operations in Finland, Estonia, India, Slovakia, the UK, USA, Germany, Romania and Hong Kong and employs over 3,000 people. Incap’s share has been listed on Nasdaq Helsinki since 1997.