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FISCAL INCENTIVES FOR DATA CENTRES
HFCL bags Rs 495 crore optical fibre cable export order from international data centre companyHFCL has secured a significant export order valued at Rs 495.8 crore. This order is for supplying optical fibre cable to an international d...- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- Gujarat unveils data centre policy to attract AI investments; State offers capital, power and tax incentivesGujarat's new Data Centre Policy aims to attract significant AI investments. The state seeks to establish itself as India's premier data ce...
- Are data centres uncool? Questions over AI's ecological trade-off are growing louder but solutions may be emergingAI's environmental strain from data centers and resource exploitation is causing growing public concern. Communities face water shortages a...
- Tata's Assam semiconductor plant to receive Rs 14,044 crore in government incentivesThe Tata Group's new Assam semiconductor facility will receive significant government incentives. The Centre will provide Rs 10,255 crore, ...
- Nashik-based company launches an AI-autonomous sovereign cloud platform built in IndiaNashik-based ESDS Software Solution has launched Swaraj Cloud, an AI-autonomous sovereign cloud platform. This platform runs entirely on In...
- AI chip challenger Cerebras sets sights on EuropeCerebras plans significant European computing capacity expansion to challenge Nvidia. The AI chip startup is responding to extraordinary de...
- US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
- West Bengal unveils industry push as Mitsubishi eyes chip unitMitsubishi executives met with West Bengal officials regarding a semiconductor unit. The state government is preparing a new industrial pol...
- Government starts industry consultations on next phase of food processing PLIThe government is planning an expanded Production-Linked Incentive Scheme for the food processing sector. Consultations were held with indu...
- HFCL to invest Rs 950 crore in optical fibre cable production in next 2 years: MDWhile announcing the launch of the HFCL's data centre solution portfolio, OptiQ AI, its managing director Mahendra Nahata said that there i...
- Kerala's silver linings playbook for IndiaIndia is experiencing a demographic shift as its youthful population gives way to a growing elderly demographic. In response, Kerala has es...
- Centre flags delayed approvals from Karnataka in 4,500 electric bus procurementThe Centre has flagged delayed approvals for electric buses by Bengaluru Metropolitan Transport Corporation. Incentives worth Rs 1,505 cror...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- AI's biggest winners may be the engineers who don't write codeIndia's AI data-centre industry is witnessing explosive growth, leading to an unprecedented demand for mechanical and electrical engineers ...
- Amazon Data Services, L&T ink over 17-year lease for 4-acre land in Mumbai’s PowaiAmazon Data Services India has significantly expanded its data centre footprint in Mumbai's Powai, leasing an additional four acres from La...
- Our focus is data centres because they are big fibre guzzlers: Corning's Sudhir PillaiCorning broke ground for a new optical connectivity manufacturing facility in Pune in February this year. The plant is being built alongsid...
- Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
- Digital Edge (India) buys 30 acres in Palava for Rs 1,000 cr, plans 270MW data centreDigital Edge, backed by NIIF, has secured over 30 acres near Mumbai for a massive 270 MW hyperscale data centre campus, marking a significa...
- India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlayIndia's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the ...
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