India will offer foreign cloud providers zero tax on revenue from services sold abroad – until 2047 – if the data is processed through Indian data centers. The initiative, announced by Finance Minister Nirmala Sitharaman, aims to attract large-scale AI investment and position India as a global data hub. Tech giants like Google, Microsoft and Amazon have pledged over $67 billion.
While the move could create jobs and boost digital growth, concerns remain about energy use and local infrastructure.
So…:
In an increasingly globalised world, it’s becoming easier to relocate businesses or parts of them to more attractive regions. What opportunities do you have to attract companies to your area – and are there geographic regions where it might make sense to move parts of your business?
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