Reliance, Adani drive India's AI push with plans to invest $210 billion
Yahoo Finance·2026-02-19 06:35
By Chandini Monnappa, Surbhi Misra and Urvi Dugar BENGALURU, Feb 19 (Reuters) - India's biggest conglomerates are stepping up a push into AI and data infrastructure, with Reliance committing about $110 billion and Adani pledging $100 billion to position the nation as an emerging hub for AI development. While the sum is modest against the more than $630 billion U.S. tech giants are expected to spend this year, India is offering tax breaks for foreign firms operating from domestic data centres, along ...