Budget 2026: Data Centres Push for Green Energy, Funding Boost Amid AI Revolution

• India's data centre industry seeks incentives for renewable energy, funding, and multi-year government contracts in Budget 2026-27.
• The sector is vital for India's AI ambitions, attracting record investments from global tech giants like Google, Microsoft, and Amazon.
• Despite generating 20% of world's data, India hosts only 3% of data centre capacity, presenting a huge investment opportunity.
• Industry leaders advocate for expanded AI compute funding, improved access to capital through bankable contracts, and support for advanced cooling.
• Concerns exist over potential 'double taxation' for foreign CSPs, which could hinder global cloud provider investments.

Why It Matters: Data centres urge Budget 2026 for green energy incentives, funding, and policy clarity to fuel India's AI growth.