India's New Tax Bill Targets Data Centres, Electronics Manufacturing Investment

India has made new rules to attract companies from other countries.

The rules give tax breaks to foreign companies that work with Indian factories to make electronics.

These tax breaks will last until 2041, which is a very long time.

Foreign companies that keep electronic parts in special warehouses in India also get tax relief for 15 years.

The new rules also make it easier to build data centres, which are big buildings full of computers that store information.

Companies no longer need as many permissions, and they can rent the buildings instead of owning them.

Business leaders say this will help India get more investment and create better technology.

Some experts also say India should make sure it controls its own digital technology even as foreign companies grow.

The main goal is more manufacturing and a stronger digital economy for India.