#India is offering #zerotaxes on #cloudservices sold outside the country if run from Indian data centres until 2047. This is an attempt to attract global AI computing investment, despite challenges like power shortages and water scarcity. The budget also includes incentives for electronics manufacturing and critical minerals. https://techcrunch.com/2026/02/01/india-offers-zero-taxes-through-2047-to-lure-global-ai-workloads/?eicker.news #tech #media #news
India offers zero taxes through 2047 to lure global AI workloads | TechCrunch

New Delhi's latest move comes as Amazon, Google, and Microsoft expand data center investments in India.

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