American companies are now focused on India, not China, read report
New Delhi. India is rapidly emerging as a new center in the world of global technology. According to the latest report, the attitude of American tech giants in the field of Artificial Intelligence and data center infrastructure is now clearly visible towards India.
According to recent reports, big companies like Microsoft, Amazon, Google and Meta are preparing to invest billions of dollars in India in the coming years. Experts believe that this trend shows that global companies are now considering India instead of China as the biggest market for future digital growth.
Heavy investment in AI and data centers
American companies have announced big investments for projects related to AI and data centers in India. Microsoft plans to invest approximately $17.5 billion for AI based projects. Amazon is going to invest about $35 billion over the next five years, which will include cloud services and modern data centers.
Google has indicated to develop data center projects worth about $ 15 billion in partnership with Adani Group and Bharti Airtel. At the same time, Meta is also setting up a large scale data center network in India. Including all these investments, the total amount can reach more than 67 billion dollars, which is considered to be the largest investment ever in any one sector.
Why increased trust in India
According to investment experts, India has today become one of the largest data consumers in the world. The country accounts for a large share of global data consumption, but the capacity to store and process data has been limited until now. This gap has now become an opportunity for foreign companies.
Along with this, India’s huge internet user base, rapidly growing digital payment system and technology-friendly government policies are attracting investors. The government’s active initiatives regarding AI are also strengthening this trust. The Government of India has long wanted that the data generated in the country should be kept safe within the country. Now this investment by American companies can make India a global center of digital technology.
Comments are closed.