Friday, 24 March, 2023

Govt plans ₹12,000 cr SOPs to make India data center hub

<p>With a vision to make India a &quot;global data centre hub&quot;, the govt is planning incentive schemes worth up to ₹12,000 CR. Targeting an investment of ₹3 L cr, the govt will provide 3-4% capital investment as incentives, along with faster clearances for companies setting up data centers. Spearheaded by the Ministry of Electronics and IT, the policy is being circulated for inter-ministerial consultation and is expected to go for cabinet approval after it is finalised.</p>