Budget's 21-Year Tax Holiday Fuels India's Sovereign AI Compute Boom: Yotta Data Services

Technology
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CNBC TV18•12-02-2026, 22:10
Budget's 21-Year Tax Holiday Fuels India's Sovereign AI Compute Boom: Yotta Data Services
- •Government's 21-year tax holiday for data centers aims to attract global cloud and AI investments to India.
- •Yotta Data Services' MD & CEO Sunil Gupta predicts AI compute demand in India could mirror UPI's population-scale adoption.
- •Bhashini, India's language AI platform, migrated from a foreign cloud to Yotta's Shakti sovereign cloud, improving performance by 40% and reducing costs by 30%.
- •Yotta plans a six-fold GPU expansion, from 10,000 to 60,000 within a year, to meet anticipated AI demand.
- •The tax holiday and safe harbor provision are expected to boost project viability and encourage AI workload placement in India.
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