Budget 2026 enhances India's data centre potential
pre-market1 source ↓written by the desknot a recommendation
The Union Budget 2026-27 has significantly boosted India's ambition to become a data centre hub, according to Motilal Oswal Financial Services Chairman Raamdeo Agrawal. The introduction of a tax holiday until 2047 aims to attract global hyperscalers and substantial investments, indicating the government's commitment to rapid growth in this sector. 📈
Agrawal expressed confidence that these initiatives will catalyze development within the next four to five years, enhancing India's economic landscape.
Not investment advice. For informational purposes only.