By:- Bimal Khandelwal (CEO, STT GDC India)
“The Union Budget 2026 marks a decisive policy intervention that holistically addresses capital formation, demand creation, and long-term sustainability for India’s data centre sector. The proposed tax holiday till 2047 for foreign cloud providers using Indian data centres is expected to unlock increased foreign direct investment, position India as a preferred global digital infrastructure destination, and materially enhance its competitiveness in attracting hyperscale and AI-led workloads. This, in turn, will drive sustained demand for low latency, resilient digital infrastructure critical to enabling India’s Viksit Bharat 2047 digital economy agenda. We welcome the Government’s integrated approach, which aligns fiscal incentives with infrastructure readiness and sustainability priorities. At STT GDC India, we are well positioned to support this next phase of growth through scalable, AI-ready, and sustainable data centre infrastructure that underpins India’s digital future.”
