Piyush Goyal, the Indian Commerce and Industry Minister on August 25, 2026 marketed India as a promising location for data centers claiming that the country is prepared to work with Japanese companies to grow the sector and has received commitments to invest totalling 200 billion US dollars from large global hyperscalers.
Mr. Goyal said this during a meeting with Akazawa Ryosei, the Japanese Minister of Economy, Trade, and Industry, on August 25.
It is worth noting that the partnership with Japan could be summed up around four pillars of expanding trade, enhancing collaboration in technology, fostering investment, and encouraging tourism, Mr. Goyal said.
Earlier in the day, Mr. Goyal met a delegation of Japanese companies producing semiconductors and AI in Tokyo. Speaking on the event, the minister said the Indian government is coming out with a structure that will exempt companies, including those from Japan, in the high-tech sector from obligatory Bureau of Indian Standards – BIS certification for equipment and components required for setting up manufacturing facilities in India. He said the structure might grant exemptions at the company, industry, product, or project level based on the needs.
Mr. Goyal added as part of promoting India as a promising location for data centers that they intend to make available equipment, goods, and services in a timely manner when it comes to high-tech companies that are establishing manufacturing operations in India and support the government when it comes to its Make in India initiative. He said that India is a massive and expanding electronics market, and its semiconductor demand is anticipated to see a rise to $150 billion by 2032.
Interestingly, Mr. Goyal also had talks with executives of leading Japanese financial institutions so as to strengthen long-term investment and deepen India-Japan economic ties. He said that the Indian economy is strong and resilient and the country had seen 7.7% growth in 2025 regardless of global instability and is making progress toward achieving the status of a $30 trillion economy by 2047.
