this post was submitted on 26 Feb 2026
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[–] Tollana1234567@lemmy.today 8 points 2 days ago* (last edited 2 days ago) (1 children)

hey thats why they are pedalling it to india to have the datacenters, india is already cooking and MODI wants to give tax holidays.

[–] jaybone@lemmy.zip 2 points 2 days ago (2 children)
[–] Passerby6497@lemmy.world 8 points 2 days ago

Effectively the government paying you to move there by allowing you to not pay any taxes. So if your company is paying $2m/yr in taxes, you're being paid $2m+ to move your operations. You'll lose some of that to construction costs, but you'll likely more than make that up by paying (comparatively to previous employees) slave wages to locals.

[–] ulterno@programming.dev 3 points 2 days ago (1 children)

It's a thing to encourage foreign investors.
Honestly, if the Modi govt. is still furthering that strategy, I think that they are out of good ideas and should hand over to another.