New Delhi, Feb. 3 -- The Union Finance Minister Nirmala Sitharaman on Feb 1, 2026, proposed to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India.

It simply means that global cloud service providers like Amazon Web Services, Microsoft Azure, Google Cloud can set up data centres in India with zero tax till 2047 and provide services to any country in the world.

The announcement comes at a time when major cloud playerrs have committed significant investments in Indian data centre infrastructure. In December 2025, global technology giants Microsoft and Amazon together pledged more than $50 billion towards expanding cloud and AI infrastructure in In...