India is offering foreign cloud giants a 21‑year tax holiday if they run global AI workloads from Indian data centers

Because the government will make sure those data centers stay powered while the rest of the plebs live in the stone age. I would say maybe Indians will vote some change but who are we kidding, Modi is there for life.

also heavily polluted too.

I’d received some communication from one of the banks here, which summarised the budget. This section is relevant:

Tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity, safe harbour of 15 percent on cost in case the company providing data centre services from India is a related entity.

It feels like an incentive like any other, to make data center services (not just limited to AI) hosted here. One can probably see this in one of two ways, GDPR-like data privacy or just general surveillance. I’ve seen data privacy regulations taking focus so I’m hopeful, but time will tell

EU In 10 years: our manufacturing is in China, our data is in India, all is well.