Data Center
India Ties $70 Billion Data Center Push to Local Build-out, Jobs
Tax breaks tied to local build-out aim to anchor cloud investment as capacity is set to quadruple by 2030, CareEdge says.
Tax breaks tied to local build-out aim to anchor cloud investment as capacity is set to quadruple by 2030, CareEdge says.
350,000 sq ft facility will boost AI cloud and digital delivery capacity in North India.
A tax holiday stretching to 2047 and looser transfer-pricing rules mark India’s boldest bid yet to turn data centers into the backbone of its AI ambitions.
The $37 million Londrina facility underscores the Indian IT major’s strategy to deepen its Latin America delivery footprint while scaling AI, cloud, and digital capabilities closer to regional clients.
The commitment lifts Lodha’s planned outlay to about $14 billion as Maharashtra positions itself as a hub for AI-driven digital infrastructure.