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Dexter Capital Advisors • 7d
Nobody’s asking this: How did India bag Google's MASSIVE $10 bn data centre project? Most people don’t know - Malaysia, Tokyo, Seoul & Singapore were also competing for this mega project. And this makes it important to understand what the Modi Govt and the Chandrababu Naidu Govt gave away to make it happen. Let’s understand one by one. .. A Private Information Superhighway: - For years, any company wanting a pan-India optical fiber network needed a cumbersome National Long Distance (NLD) license - A TOTAL roadblock. Google argued that in over 20 other countries, it operates its own captive networks. The Govt is said to have accepted that argument - Instead of forcing Google into an old framework, it is said to be creating a new "captive authorisation" category And, this would be a landmark reform giving Google total control over its network for its AI ops, and also paving the way for more of such mega investments from the likes if OpenAI, Amazon and more. .. A Pragmatic Approach to Data Sovereignty: This was the most complex hurdle. - Google's plan involves a private undersea cable connecting Asia to Europe via Vizag - A HUGE portion of this is "transit traffic" - data that neither originates nor terminates in India - Forcing this traffic under our legal interception laws was a deal-breaker. The Govt is said to have carved out a brilliant exemption as a result A mature solution that signals India is ready to be a TRUSTED global data hub. .. The 'Plug-and-Play' Ecosystem: On the ground, the Andhra Pradesh Govt acted less like a regulator and more like a co-founder. - They didn't just allocate 300 acres of land for the 1st phase - They committed to building dedicated power and water corridors to service the project's massive energy needs More importantly, they are providing a long-term, discounted power tariff, de-risking one of the project's BIGGEST operational expenses. .. Now some might argue that this is a case of Govt giving away too much. Maybe. But, this entire episode is a new playbook inspired by the reality that when it comes to mega investments that multiple countries are falling over each other for, you need to out-do the competing nations. And for this, the Govt in India ought to question, dismantle, and rewrite the rules of the past. And the only reason this has been made possible (in my opinion) is because Chandrababu Naidu’s party’s support is of critical importance to the Modi Govt’s very existence. Thus, cheers to such instances of coalitions working out well for India!
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Dexter Capital Advisors • 1y
Adidas to build its maiden GCC in India 🙏🙏 Thanks to Tamil Nadu govt! Don’t get it? Let’s dive in! .. Nike and Puma already have global captive capability centres in India, employing thousands of folks in decent or high-paying roles. And now,
See MoreBusiness | infograph... • 5m
🤝 Tata Power & Tata Motors Join Hands for Green Energy Boost Big Green Project in the Works Tata Power Renewable and Tata Motors have teamed up to build a 131 MW wind-solar hybrid project. This setup will power six Tata Motors plants in Maharash
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Dexter Capital Advisors • 1y
3k crore of taxpayer money burnt in the last two years 📛📛 And Modi Govt is set to burn another Rs 1.2k crore in FY25 for what is clearly another Air India in the making. For what? And worse, this time, there may be no buyers either. .. FY23: Go
See MoreHey I am on Medial • 11m
Reliance & Disney have formally announced their mega merger. Combined Entity's Worth: ₹70,352 Cr The JV has been approved by Competition Commission of India and anti-trust authorities in the EU, China, Turkey, South Korea & Ukraine. The merged ent
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