NEWS

The State Cabinet approved the Karnataka Data Centre Policy 2022 with a focus on creating demand and value for data centres, by providing a robust and well-connected ecosystem for the growth of data centres in the State

DETAILS

• Aims to attract investments worth Rs 10,000 crore in the data centre industry by 2025

• Karnataka has the potential to position itself as one of the leading destinations for Data Centre Industry in the country with a data centre capacity of 96 MW which accounts for 15 per cent of India’s data centre capacity

• A data centre houses critical assets of an organisation, making it crucial for daily operations

• At present, Karnataka is home to eight data centre players – Reliance, Siffy, NTT, Next Gen, Trimax, Airtel, STT and ESDS

• Policy wants to develop more than 200 MW capacity Data Centre Industry in Karnataka by 2025

• Policy has a vision “to position Karnataka as the destination of choice for futuristic data centres in the country and to make Karnataka an integral part of the global data centre ecosystem and digital supply chain”

• Policy will focus on creating demand and value for data centres, by providing a robust and well-connected ecosystem for the growth of data centres in the state

• Offers special incentives for companies to set up data storage infrastructure outside Bengaluru – capital subsidy of up to Rs 10 crore, 10 per cent land subsidy up to Rs 3 crore, 100 per cent stamp duty exemption up to 10 acres, concession on registration charges and 100 per cent exemption on land conversion fees

• Sops applicable across Karnataka include power tariff concession, exemption from electricity duty and other special incentive packages on a case-to-case basis

• A special package of incentives would be considered for projects of strategic importance, where the standard package would be customised for investments greater than ₹4,000 crore on case-to-case basis

• Bengaluru currently features among the top five leading destinations for the Data Centre Industry in the country