Page 9 - Data Centre

India preferred data centre destination, no power shortage: Piyush Goyal

Union Minister Piyush Goyal on Monday said India is a preferred destination for data centres as the country has no dearth of electricity and its 500GW national grid can take care of surge in demand. During a press conference on energy sector, Goyal, former Power and New & Renewable Energy minister, said there is sufficient power capacity in the country. He said that the 500GW grid is one of the largest in the world. "...Europe does not have a national grid. Even the US does not have a national grid. But India has a national grid. So we are a preferred destination for data centres and as they are planning a growth in the years to come. There will be sufficient power available to make sure that we meet the need of our people, farmers, industry and commercial establishments including data centres and GCCs," Goyal said. This comes at a time when various tech giants including Google, Microsoft and AWS have evinced interest in investing in India. In October, Google announced that it ..

$70 bn and rising: Amazon's $35 billion bet lifts India's AI tide

Amazon's mega 5-yr plan tops announcements made by Microsoft, Google

India often a crucible, an idea generator: Amazon's Russ Grandinetti

Amazon sees India not just as a fast-growing market but a launchpad for global innovation, as it ramps up investment, accelerates quick commerce, and deepens its AI-led expansion

SBI raises data centre exposure target to Rs 4,000 crore for FY26

SBI plans to lift data centre exposure to Rs 4,000 crore by March 2026 from Rs 2,800 crore in October 2025, while setting up specialist teams and reviewing margins amid NIM contraction

Thrilled about upcoming data centre capacity in India: Microsoft CEO

Earlier on Tuesday, Satya Nadella met with Prime Minister Narendra Modi, and shortly after that, he announced $17.5 bn investment in the country

Data centres power up to meet AI demand as DCI bandwidth set to surge

Survey finds 95% Indian telcos confident in monetising AI traffic; over half expect AI workloads to eclipse traditional cloud soon

Global markets roiled after data-centre failure near Chicago halts trading

Even after trading was largely restored on Friday, disruptions extended well into the US session, with CME Direct, a trading platform provided by the exchange, offline for most of the day

Digital Connexion to invest $11 bn by 2030 in AP for AI-native data center

Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub

Tech firm LightSpeed Photonics raises $6.5 mn in round led by Pi Ventures

LightSpeed Photonics' $6.5 million Pre-Series A round will accelerate development of its compact, energy-efficient optical interconnects aimed at AI, HPC and next-gen data infrastructure

Data centre operator revenue to reach ₹20,000 cr by FY28: Crisil Rating

The report highlighted that to cater to buoyant demand, capacity in the industry is expected to double to 2.3-2.5 gigawatt (GW) by March 2028

TCS-TPG to invest $1 billion in 'HyperVault'; what it means for investors?

TCS-TPG deal: TCS, on Thursday, announced securing a $1-billion investment from TPG to scale up its AI-data centre platform 'HyperVault'.

TPG to pump $1 billion into TCS data centre business HyperVault

TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres

India's data centre rush hits a roadblock: Cooling in a water-scarce nation

Companies are rushing to build data centres in India, bringing billions in investment, but a key sustainability challenge looms: cooling these power-hungry facilities in a water-scarce country

India's IT spend may rise 10.6% to $176 billion in 2026: Gartner

India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software

India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Samsung lifts memory chip prices up to 60% as AI demand fuels shortage

Samsung has raised prices of key memory chips by up to 60 per cent as AI data centres drive huge demand, causing a global shortage and pushing up costs for servers

Google planning to invest $40 billion in 3 new data Centres in Texas

Texas has become a magnet for data centers as companies chase relatively cheap energy, vast tracts of land, and a state eager to host the infrastructure that's powering AI boom

Anant Raj to invest Rs 4,500 crore in Andhra Pradesh for data centres

Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs

Google to lift India's data hub plan above $15 billion, says Naidu

He added that Andhra Pradesh has commitments to build 5.5 GW of data centers from companies including Reliance Industries Ltd

Andhra eyeing investments worth ₹40 trn by 2029: N Chandrababu Naidu

Naidu outlines a tech-driven roadmap for the state - from AI data centers and quantum computing to green hydrogen and MSME-led industrial growth