Gujarat launches first Data Centre Policy, targets ₹6 lakh crore investments and 7.5 GW capacity

AI Summary

Gujarat's government launched its first Data Centre Policy aiming to attract ₹6 lakh crore in investments and develop 7.5 GW capacity. The policy includes various fiscal incentives such as subsidies and tax exemptions to support the sector's infrastructure and water needs.

The policy, launched by Chief Minister Bhupendra Patel in Gandhinagar, offers a wide range of fiscal and non-fiscal incentives, including capital subsidy, interest subsidy, power tariff support, reimbursement of State GST (SGST), exemption from stamp duty and registration charges, and financial assistance for captive desalination plants to meet the sector’s high water requirements