Budget’s 21-year tax holiday on data centres may power India’s sovereign AI compute boom: Yotta Data Services

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The government’s proposal to extend a tax holiday until 2047 for domestic data centres is being positioned as a long-term policy signal aimed at anchoring global cloud and AI investments in India. For companies like Yotta Data Services, the incentive framework could accelerate large-scale capital expenditure in AI compute infrastructure.

Speaking to CNBC-TV18 ahead of the AI Impact Summit, Sunil Gupta, MD & CEO of Yotta Data Services, said the demand trajectory for AI compute in India could mirror the population-scale adoption seen in digital public…



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Budget’s 21-year tax holiday on data centres may power India’s sovereign AI compute boom: Yotta Data Services


The government’s proposal to extend a tax holiday until 2047 for domestic data centres is being positioned as a long-term policy signal aimed at anchoring global cloud and AI investments in India. For companies like Yotta Data Services, the incentive framework could accelerate large-scale capital expenditure in AI compute infrastructure.

Speaking to CNBC-TV18 ahead of the AI Impact Summit, Sunil Gupta, MD & CEO of Yotta Data Services, said the demand trajectory for AI compute in India could mirror the population-scale adoption seen in digital public…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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