Piyush Goyal Leads Key Meeting to Boost Ease of Business in Data Centres and AI
Piyush Goyal, the Minister of Commerce and Industry, recently led a significant meeting to enhance the ease of doing business in the data centre and artificial intelligence (AI) sectors. The discussions centered around improving the policy environment, regulatory frameworks, and the digital infrastructure necessary to attract investment in these emerging technologies.
Key Focus Areas of the Meeting
During the CEO roundtable, Goyal highlighted several critical aspects:
- Strengthening the policy ecosystem.
- Streamlining regulatory processes.
- Enhancing digital infrastructure.
India’s Growing Appeal for Data Centre Investments
India is fast becoming a leading destination for data centre investments. Recent data reveals that:
- Mumbai is projected to be the second-lowest-cost region globally for data centre construction by 2025, according to the Turner & Townsend Data Centre Construction Cost Index.
- India ranks alongside Japan and Singapore as one of the largest data centre markets in the Asia-Pacific region, following China.
The Path Forward
The meeting underscored the government’s commitment to evolving a robust framework that supports innovation and growth in the data centre and AI sectors. Stakeholders are optimistic that these efforts will significantly boost India’s position in the global market.
