AI supremacy race: Why US tech giants are pouring billions of dollars into India

Contributing sentiments towards policy:

56% : The India-specific expansion comes as the Centre has stepped up efforts to strengthen the country's AI ecosystem by announcing a 20-year tax break in the Union Budget on overseas revenue earned from globally delivered data services based locally.
49% : "The tax liability could have been quite high...and disputes would have arisen," Himanshu Sinha, head of tax at Indian law firm Trilegal, told WSJ.
45% : Tax clarity removes uncertainty Until now, uncertainty over how global revenues would be taxed had discouraged some companies from expanding data-center operations in India.
42% : The new tax policy removes that ambiguity, encouraging firms to set up global service hubs, not just India-focused infrastructure.

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