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AP offers ₹22,000-cr sops to Google for data centres

Financial Express Kochi

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October 16, 2025

KEY INCENTIVE COMPONENTS

- PRESS TRUST OF INDIA

GOOGLE SUBSIDIARY RAIDEN Infotech India,which is setting up data centres in Andhra Pradesh with a cumulative investment exceeding ₹87,500 crore, will receive ₹22,000 crore as incentives from the state government.

Raiden will set up the data centres with a capacity of more than 1,000 MW in Visakhapatnam and Anakapalli districts in a phased manner, according to a recent government order.

In its biggest-ever investment in India, tech giant Google on Tuesday said it would invest $15 billion in building an AI infrastructure hub in Andhra Pradesh, which would include a gigawatt-scale data centre in partnership with Adani Group.

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

Star power...

INDUSTRY EXECUTIVES SAY the divergence underscores a hard lesson for the D2C ecosystem: celebrity association may drive trials, but it does not guarantee repeat purchases or brand loyalty.

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Financial Express Kochi

Direct tax refunds down 17%

AMID A DIP in tax collections relative to the Budget Estimates, refunds of direct taxes have slowed.

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1 mins

January 26, 2026

Financial Express Kochi

Enhancing telecom networks

OVER THE PAST year, the telecom industry has reached an inflection point in its evolution toward more tailored, resilient and intelligent mobile experiences.

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2 mins

January 26, 2026

Financial Express Kochi

Winter storm grips US as millions face power outages

MORE THAN 8 million customers in the US as far west as New Mexico were without electricity and over 10,000 flights were canceled on Sunday ahead of a monster winter storm that threatened to paralyze eastern states with heavy snowfall.

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1 min

January 26, 2026

Financial Express Kochi

India canter home after Abhishek, SKY blitz; seal series 3-0

ABHISHEK SHARMA PRODUCED a breathtaking 12-ball fifty while skipper Suryakumar Yadav (SKY) continued his sublime touch with another attacking half-century as India waltzed through the chase in just 10 overs to seal an eight-wicket win over New Zealand in the third T20I, sealing the five-match series 3-0 here on Sunday.

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1 min

January 26, 2026

Financial Express Kochi

Searching for speed

TWO THINGS HAPPENED in the last one week that is sure to push badminton lovers into introspection.

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2 mins

January 26, 2026

Financial Express Kochi

Bill Gates backs AI chip startup

BILL GATES' VC fund, Microsoft’s investment arm and Saudi Arabia’s Aramco Ventures are investing $110 million in Neurophos, a chip company that aims to develop a new technology capable of outperforming accelerators used to run AI models.

time to read

1 min

January 26, 2026

Financial Express Kochi

India, EU likely to conclude free trade pact tomorrow

DEAL DESIGNED TO KEEP FRICTIONS AT MINIMUM, STRENGTHEN LINKAGES

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2 mins

January 26, 2026

Financial Express Kochi

Break-even eludes q-comm firms in Tier-2 market push

UNIT ECONOMICS IN SMALLER MARKETS UNFAVOURABLE FOR NOW

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2 mins

January 26, 2026

Financial Express Kochi

Anthropic drafts a ‘constitution’ for Claude

ANTHROPIC HAS PUBLISHED a new set of behavioural guidelines for its Claude AI models covering ethics and safety while also laying out guidance for a scenario in which an Al system becomes sentient.

time to read

1 mins

January 26, 2026

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