India's Data Centre Investments to Hit $200 Billion After Budget Boost: Vaishnaw

• Union Minister Ashwini Vaishnaw announced that India's data centre investments could reach $200 billion, up from $70 billion, following Union Budget announcements.
• The surge is driven by extended tax holidays for data centres, including AI facilities, now effective until 2047, offering long-term investor certainty.
• Global and domestic players, including AI server manufacturers, show significant interest in establishing operations in India.
• This policy support aims to position India among the top three AI nations globally by ensuring domestic large-scale computing infrastructure.
• Vaishnaw emphasized that advanced digital infrastructure is crucial for India's self-reliant AI economy and the fifth industrial revolution, leveraging India's large talent pool.

Why It Matters: India's data centre investments are set to soar to $200 billion, fueled by Budget incentives and AI focus.