Finance Minister Nirmala Sitharaman has given infrastructure status to data centre and energy storage system, a move that will facilitate credit availability for digital infrastructure.
Data centres are core to digitisation and cloud journey of enterprises. India’s data centre industry has 499 megawatt (MW) of critical information technology capacity, of which seven cities account for 490 MW.
According to a JLL research report, the sector saw investment commitments worth $3 billion in the first six months of the current financial year.
The FM increased the outlay for the education sector to Rs 1.04 trillion for 2022-23 from Rs 93,224 crore in 2020-21, with an impetus on digital learning.
