India, Feb. 2 -- The Union Budget 2026-27 has marked a decisive shift in India's technology and digital infrastructure strategy, positioning the country as a long-term hub for global cloud services, data centres, and semiconductor manufacturing. With extended tax incentives, large-scale public investment, and regulatory simplification, the government has signalled its intent to move beyond software services and towards ownership of core digital infrastructure.

At the centre of the Budget's technology push is a landmark tax holiday for foreign companies providing global cloud services from Indian data centres, extended until 2047. The move is aimed at attracting hyperscalers and large global cloud providers to establish and expand operati...