India proposes longer tax reliefs to draw global manufacturing and cloud investment
A proposed tax amendment bill would extend incentives for electronics contract manufacturing and warehousing through March 2041, while offering cloud data-centre tax exemptions until 2047. The measures could support India expansion plans for companies including Apple and Google.
The proposed tax amendment bill extends incentives for electronics contract manufacturing and warehouses, eases data-centre rules, and offers foreign-investment certainty. The measures could support Apple, Google and other global companies expanding Indian manufacturing, warehousing and cloud infrastructure.