AI and Machine Learning
India Dangles Long Tax Holiday to Woo Global Cloud Giants
A tax holiday stretching to 2047 and looser transfer-pricing rules mark India’s boldest bid yet to turn data centers into the backbone of its AI ambitions.
A tax holiday stretching to 2047 and looser transfer-pricing rules mark India’s boldest bid yet to turn data centers into the backbone of its AI ambitions.
The commitment lifts Lodha’s planned outlay to about $14 billion as Maharashtra positions itself as a hub for AI-driven digital infrastructure.
Capacity is poised to cross 2GW in 2026 as hyperscalers, AI workloads, and data rules push the industry from incremental buildout to core infrastructure.
The Japanese IT and business services firm eyes India, Singapore, and Malaysia for its next phase of AI-ready digital infrastructure as Asia drives hyperscaler demand and REIT-backed expansion.
TCS set out its most aggressive AI push yet saying it aims to be the world’s largest AI-led tech services firm while trimming headcount taking a restructuring charge and committing up to $6.5 billion for India-based compute.