India is hoping to garner as much as US$200 billion in investments for data centers over the next few years as it scales up its ambitions to become a hub for artificial intelligence (AI), Indian Minister for Electronics and Information Technology Ashwini Vaishnaw said yesterday.
The investments underscore the reliance of tech titans on India as a key technology and talent base in the global race for AI dominance.
For New Delhi, they bring in high-value infrastructure and foreign capital at a scale that can accelerate its digital transformation ambitions.
Photo: AP
“Today, India is being seen as a trusted AI partner to the Global South nations seeking open, affordable and development-focused solutions,” Vaishnaw told The Associated Press in an e-mail interview, as New Delhi hosts a major AI Impact Summit this week drawing participation from at least 20 global leaders and a who’s who of the tech industry.
In October last year, Google announced a US$15 billion investment plan in India over the next five years to establish its first AI hub in the South Asian country. Microsoft Corp followed two months later with its biggest-ever Asia investment announcement of US$17.5 billion to advance India’s cloud and AI infrastructure over the next four years.
Amazon.com Inc has committed US$35 billion investment in India by 2030 to expand its business, specifically targeting AI-driven digitization. The cumulative investments are part of US$200 billion in investments that are in the pipeline and New Delhi hopes would flow in.
Vaishnaw said India’s pitch is that AI must deliver measurable impacts at scale rather than remain an elite technology.
“A trusted AI ecosystem will attract investment and accelerate adoption,” he said, adding that a central pillar of India’s strategy to capitalize on the use of AI is building infrastructure.
The government recently announced a long-term tax holiday for data centers as it hopes to provide policy certainty and attract global capital.
Vaishnaw said the government has already operationalized a shared computing facility with more than 38,000 graphics processing units, allowing start-ups, researchers and public institutions to access high-end computing without heavy upfront costs.
“AI must not become exclusive. It must remain widely accessible,” he said.
Alongside the infrastructure drive, India is backing the development of sovereign foundational AI models trained on Indian languages and local contexts. Some of these models meet global benchmarks and in certain tasks rival widely used large language models, Vaishnaw said.
India is also seeking a larger role in shaping how AI is built and deployed globally as the country does not see itself strictly as a “rule maker or rule taker,” according to Vaishnaw, but an active participant in setting practical, workable norms while expanding its AI services footprint worldwide.
“India will become a major provider of AI services in the near future,” he said, describing a strategy that is “self-reliant yet globally integrated” across applications, models, chips, infrastructure and energy.
Investor confidence is another focus area for New Delhi as global tech funding becomes more cautious.
Vaishnaw said the technology’s push is backed by execution, pointing to the Indian government’s AI Mission program, which emphasizes sector specific solutions through public-private partnerships.
The government is also betting on reskilling its workforce as global concerns grow that AI could disrupt white collar and technology jobs.
New Delhi is scaling AI education across universities, skilling programs and online platforms to build a large AI-ready talent pool, the minister said.
Widespread 5G connectivity across the country and a young, tech-savvy population are expected to help with the adoption of AI at a faster pace, he added.
Balancing innovation with safeguards remains a challenge though, as AI expands into sensitive sectors such as governance, health care and finance.
Vaishnaw outlined a fourfold strategy that includes implementable global frameworks, trusted AI infrastructure, regulation of harmful misinformation and stronger human and technical capacity to hedge the impact.
“The future of AI should be inclusive, distributed and development-focused,” he said.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc
Singapore-based ride-hailing and delivery giant Grab Holdings’ planned acquisition of Foodpanda’s Taiwan operations has yet to enter the formal review stage, as regulators await supplementary documents, the Fair Trade Commission (FTC) said yesterday. Acting FTC Chairman Chen Chih-min (陳志民) told the legislature’s Economics Committee that although Grab submitted its application on March 27, the case has not been officially accepted because required materials remain incomplete. Once the filing is finalized, the FTC would launch a formal probe into the deal, focusing on issues such as cross-shareholding and potential restrictions on market competition, Chen told lawmakers. Grab last month announced that it would acquire