Rare earths and data centres: India pushes local industry as global tensions rise
India’s recent budget, with its emphasis on infrastructure, defense spending, and targeted tax breaks for data centers, underscores a strategic push towards enhancing national self-reliance (“Atmanirbhar Bharat”) and bolstering its position in the global economy, particularly in areas critical to future technological and geopolitical landscapes. This move is particularly salient given the rising global tensions
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Economy