India courts Big Tech with long‑term tax breaks as it doubles down on AI ambitions

Tehnologie

India has announced a 20-year tax exemption for hyperscalers that use data centers in the country to service global clients, in a move that could shift artificial intelligence-driven businesses to the South Asian country. According to experts, cost of data center infrastructure is already low in India and coupled with the tax holiday it will make using data centers in India for global delivery more attractive for hyperscalers, compared to competing hubs including Singapore, UAE and Ireland.