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India offers tax breaks until 2047 to foreign cloud firms building data centers, boosting its bid to lead global digital services.
India has announced a tax holiday until 2047 for foreign cloud service providers using data centers in the country to deliver global services, aiming to attract major tech investment and strengthen digital infrastructure.
The policy requires foreign firms to serve Indian customers through Indian-resident resellers, promoting local economic participation.
A 15% safe harbor margin on costs will apply to related entities, and IT services will be unified under a single category with an automated approval process.
The move supports India’s ambitions in cloud computing, AI, and digital sovereignty, backed by commitments from Microsoft, Amazon, Google, and Meta.
La India ofrece exenciones fiscales hasta 2047 a las empresas extranjeras de nube que construyen centros de datos, impulsando su apuesta por liderar los servicios digitales globales.