Global tech companies are expanding their operations in India

Several major U.S. technology companies are increasing their investments in India. Alphabet, the parent company of Google, is planning a major expansion there, partly because U.S. visa rules are becoming stricter. Other companies like Apple and Jabil are also expanding their operations or receiving favorable tax treatment for their equipment in India.

A key reason for this trend is that building data centers in India is significantly cheaper than in the United States, which is attracting large global tech firms. This expansion is having a noticeable effect on local real estate markets, particularly in tech hubs like Bengaluru, where demand from foreign buyers is pushing up prices for luxury homes.