Credit to tech infrastructure sector doubles in two years
· economictimes.indiatimes.com
Bank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven by data centers, GCCs, and IT enabled services. These segments are now showing robust growth in bank credit.
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Digital Build-out Loans include funding for GCCs, cloud infrastructure, corporate acquisitions, data localisation and cybersecurity upgrades
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