1 week ago
Goyal pitches India as trusted destination for data centres
Piyush Goyal visited Tokyo to discuss business cooperation with Japan.
He said India could be a trusted place for companies to build data centres.
Data centres are facilities that store and process digital information.
Goyal invited Japanese companies to help develop this industry in India.
He said large technology companies from around the world have promised about USD 200 billion in investments.
The two countries also discussed increasing trade.
They want to cooperate more on technology and investments.
Promoting tourism was another part of the proposed partnership.
Commerce and Industry Minister Piyush Goyal promoted India as a destination for data centres in Tokyo.
Goyal said India could work with Japanese companies to develop its data-centre sector.
He said large hyperscalers globally have committed about USD 200 billion to India.
Goyal made the remarks during a meeting with Japanese minister Akazawa Ryosei.
He identified trade, technology cooperation, investment and tourism as four partnership pillars.
- Who
- Commerce and Industry Minister Piyush Goyal and Japanese Minister of Economy, Trade and Industry Akazawa Ryosei.
- What
- Goyal promoted India as a trusted destination for data centres and proposed broader cooperation with Japan.
- Where
- Tokyo, Japan.
- When
- Tuesday.
- Why
- To strengthen India-Japan economic cooperation through trade, technology, investment and tourism, including development of data centres in India.
Key facts
- Data-centre investment commitments
- About USD 200 billion from large hyperscalers globally.
- Proposed partnership pillars
- Increasing trade, strengthening technology cooperation, boosting investments and promoting tourism.
- Indian official
- Piyush Goyal, Commerce and Industry Minister.
- Japanese official
- Akazawa Ryosei, Minister of Economy, Trade and Industry.
- Meeting location
- Tokyo.
Quotes
Piyush Goyal
India’s Commerce and Industry Minister
“Data centres are another area where India provides a very compelling case, a destination as a trusted partner. We can work together to promote data centres in India. We already have a commitment of about USD 200 billion from large hyperscalers from across the world.”
thehansindia.com
Sources
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