The Economic Times

Anant Raj, Netweb Tech, other data centre stocks surge up to 7%. Whats triggering the surge?

Indian data centre stocks rallied as the Union Budget announced a tax holiday until 2047 for foreign cloud service providers, aiming to position India as a global hub. Companies like Anant Raj, Techno Electric, and Netweb Technologies are expected to benefit from increased data centre development and infrastructure demand.