“India is laying the foundation for a thriving AI ecosystem by expanding computing power and data centre infra,” he said.
This comes a day before the PM opens the India AI Impact Summit and Expo at the Bharat Mandapam in New Delhi. The high-powered event, being held from February 16 to 20, will be the first-ever AI summit hosted in the global south and is anchored in the three guiding principles of ‘People, Planet, and Progress’.
The government, in the union budget this year, proposed a 20-year tax holiday for foreign companies providing cloud services from India.
Finance minister Nirmala Sitharaman had said the incentive is aimed at drawing long-term capital and strengthening India’s rapidly expanding data centre ecosystem.
India is witnessing some of the largest data centre investments globally, led by cloud computing giants such as Google, Microsoft, and Amazon Web Services, which have together committed about $40 billion in investments in 2025 alone.
