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Goyal pitches India as key data centre hub, cites $200 billion investment commitments

26 Aug 2026 Evaluate

Commerce and Industry Minister Piyush Goyal has pitched India as a compelling destination for data centres, and said that the country can work with Japanese companies to develop the sector. He added that India has already received investment commitments of about $200 billion from major hyperscalers globally. During his meeting with Japanese Minister of Economy, Trade and Industry Akazawa Ryosei, Goyal said the partnership could be summarised around four pillars: increasing trade, strengthening technology cooperation, boosting investments and promoting tourism.

Between October and December 2025, Google announced a $15 billion investment, Microsoft $17.5 billion, Amazon $35 billion and Digital Connexion $11 billion in AI infrastructure, including data centres, in India. The government has proposed boosting investments in the data centre segment by offering a tax holiday until 2047. Goyal also informed the Japanese minister about his interactions with representatives of several top Japanese companies, who showed tremendous interest in expanding cooperation with India.

Separately, Goyal said Japan has significant demand for caregivers, nurses, plumbers, electricians, masons, carpenters and drivers, as well as highly skilled professionals such as AI specialists, PhDs, engineers and chartered accountants. He suggested that the community encourage people to learn the Japanese language. He added that remittances from Japan to India contribute to the country's growth. There are more than 60,000 people in the Indian diaspora in Japan.

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