Chennai: The Tamil Nadu government has released the Data Centre Policy to develop the State as the ‘numero uno’ destination for Data Centres.
The policy aims to promote Tamil Nadu as an ideal investment destination. The government will provide power, land and connectivity infrastructure for data centres, fiscal and non-fiscal incentives to Data Centre developers to boost investment in the sector, support R&D, innovation and entrepreneurship and promote green Data Centres.
The policy also promotes use of renewable energy in the data centres for day-to-day operations and appropriate institutional measures have been created along with a supportive technological framework.
The Data Centre policy would specifically cover firms engaged in the business of developing and operating Data Centres, either Greenfield Data Centre or Data Centre parks, brownfield expansions of existing data centres units, among others.
The Data Centre policy would be applicable for all Data Centres incorporated from April 1, 2021 until March 31, 2026. According to the policy, the domestic data centre market is expected to touch USD 1.5 billion by next year with a 11.4% growth.
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