By Anand Kulkarni, Director, Crisil Ratings on Data Centres
The announcement of tax holiday up to 2047 for foreign companies providing cloud services globally is expected to accelerate the investment momentum in data centres and strengthen India's position in Asia-Pacific. The creation of more data centres, in turn, is expected to spur allied investments in power (including renewables), real estate and optical fiber infrastructure, thus lending traction to the broader digital-infrastructure investment cycle.