India data centre tax breaks, a new Menlo partner, and rumblings of an AI bubble
Daily brief on deep tech and climate tech news from India and around the world.
Illustrative image. OpenAI and India’s Reliance are developing large AI data centres in the country.
India plans 20-year tax exemption, GST credits to boost data centres
The Indian government may grant a 20-year tax exemption and GST credits to supercharge investment in domestic data centres, Moneycontrol reports. This policy aims to attract global hyperscale players, cut costs, and accelerate infrastructure for digital services, cloud computing, and AI. The move could transform India’s data centre landscape with…
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