Budget 2026 | India’s Data Centre Hub Push Gets ‘Nvidia Boost’ After Budget 2026 Incentives #NDTV
Budget 2026 | India’s Data Centre Hub Push Gets ‘Nvidia Boost’ After Budget 2026 Incentives
India’s push to become a global data centre hub received a significant boost from NVIDIA CEO Jensen Huang, following major incentives announced in Budget 2026. The Centre has proposed a tax holiday until 2047 for foreign firms offering global cloud services from India-based data centres, a move expected to attract up to $200 billion in investment. Speaking at the 3DExperience World 2026 event in Houston, Huang emphasized that India should both welcome global providers and build domestic capacity, stating that AI infrastructure is now as essential as water or electricity. He noted that while building a single data centre can employ 5,000 to 10,000 people, the long-term ‘derivative workforce’ will replicate the massive job creation seen during India’s internet boom.
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