IT/IteS

Central Government Initiatives:

IndiaAI Initiative:
- Objective: To position India as a global leader in Artificial Intelligence (AI) by fostering innovation and research.
- Key Features:
  - Allocation of over $1.2 billion to support AI development.
  - Plans to secure 10,000 Graphics Processing Units (GPUs) for AI research.
  - Funding for local AI startups and provision of high-quality datasets.
  - Expansion of AI education and development of advanced AI models.
Production Linked Incentive (PLI) Scheme for IT Hardware:
- Objective: To boost domestic manufacturing of IT hardware components.
- Key Features:
  - Financial incentives based on incremental sales of locally manufactured IT hardware.
  - Encouragement for companies to establish or expand manufacturing units in India.
- Note: Specific details about the PLI scheme for IT hardware were not found in the provided sources.

State Government Initiatives:

Gujarat:

Gujarat IT/ITeS Policy 2022–2027:
- Objective: To strengthen Gujarat’s IT ecosystem and generate 100,000 direct jobs in the IT/ITeS sector.
- Key Features:
  - Capital Expenditure (CAPEX) Support:
    - 25% subsidy up to ₹50 crore for standard projects.
    - Up to ₹200 crore for mega projects.
    - Data centers: 25% support up to ₹150 crore, plus a power tariff subsidy of ₹1/unit for five years.
    - Cable Landing Stations (CLS): 25% support up to ₹20 crore, with a similar power tariff subsidy.
  - Operational Expenditure (OPEX) Support:
    - 15% assistance up to ₹20 crore annually for standard projects.
    - Up to ₹40 crore annually for mega projects.
  - Employment Generation Incentives:
    - Reimbursement of up to 100% of the employer’s EPF contribution.
    - Financial support up to ₹50,000 per person for skill development via Direct Benefit Transfer (DBT).
  - IT Cities/Townships:
    - Incentives for developing IT cities/townships with CAPEX support up to ₹100 crore and regulatory relaxations.

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