Synopsis:- India’s data centre boom is accelerating, with 1–2 GW capacity planned by 2028. Major listed players are committing ₹3,600 crore to ₹98,000 crore and 1 GW-scale projects, driven by AI, cloud adoption, and digitalisation, positioning India as a leading Asian data hub despite infrastructure challenges.
India’s data centre sector is exploding, with capacity hitting 1.2 GW in 2025 and projected to reach 2 GW by 2028—a 10x surge from 2019. Fueled by the digital boom, 5G rollout, and cloud demand, over 30 facilities now span major cities. Power needs alone could top 10 GW soon, driving massive infrastructure investments amid rising AI and streaming needs.
Hyperscale expansions dominate, with 500 MW added yearly, pushing colocation revenue past $5 billion by 2026. Tier-3/4 standards ensure 99.99% uptime, while green energy pushes aim for 50% renewables. Challenges like land scarcity and grid strains persist, yet India’s data center market grows at 25% CAGR, positioning it as Asia’s third-largest hub after China and Japan.
Here are the companies with a data centre investment plan
Tata Consultancy Services is India’s largest IT services company, offering consulting, cloud, AI, and digital transformation solutions globally. With strong enterprise relationships and technology capabilities, it is expanding its focus on data infrastructure, cloud platforms, and AI-led services to support next-generation digital demand.
With a market capitalisation of Rs 11,44,401 crore, the shares closed at Rs 3,163 per share, decreased 1.36 percent as compared to the previous closing price. Tata Consultancy Services is accelerating data centre expansion under its HyperVault AI infrastructure platform, with plans to develop over 1 GW of AI-ready capacity in India. It has secured a $1 billion investment partnership and plans to commit up to Rs 18,000 crore toward GW-scale data centre build-out.
Larsen & Toubro
Larsen & Toubro is a diversified engineering and construction major with leadership across infrastructure, energy, and technology services. Leveraging its EPC strength, the company is actively participating in data centre development, providing end-to-end solutions including design, construction, and critical power infrastructure.
With a market capitalisation of Rs 5,32,061 crore, the shares closed at Rs 3,867 per share, increased 0.30 percent as compared to the previous closing price. Larsen & Toubro plans to invest up to Rs 3,600 crore to set up three new data centres in Bengaluru, Panvel and Mahape, expanding capacity nearly five times from 32 MW to 150 MW by 2027. With setup costs of Rs 35–40 crore per MW, the move positions L&T to capitalise on rising digitalisation and AI-led data centre demand.
Adani Enterprises Limited
Adani Enterprises is the flagship incubator of the Adani Group, operating across energy, transport, and digital infrastructure. Through its data centre platform, it is investing in hyperscale and AI-ready facilities, positioning itself as a key player in India’s fast-growing digital infrastructure ecosystem.
With a market capitalisation of Rs 2,46,746 crore, the shares closed at Rs 2,137 per share, decreased 0.90 percent as compared to the previous closing price. Adani Enterprises Limited–EdgeConneX joint venture AdaniConneX plans to build a 1 GW data centre platform by 2030, focused on sustainable, hyperscale infrastructure. Leveraging EdgeConneX’s experience across 70+ facilities in 53 data centres and Adani Group’s execution strength, the platform aims to deliver global benchmarks in data centre design, engineering, and operations across India.
Earlier, Adani Enterprises Limited signed an MoU with the Government of Maharashtra to develop 1 GW hyperscale data centre infrastructure with an investment of Rs 50,000 crore over 10 years. The facilities, planned in Mumbai/Navi Mumbai and Pune, will run on renewable energy and are expected to create around 20,000 jobs, strengthening India’s hyperscale data centre ecosystem.
Reliance Industries Limited
Reliance Industries is India’s largest listed conglomerate with businesses spanning energy, telecom, retail, and digital services. Through Jio and strategic partnerships, it is investing heavily in hyperscale and AI-driven data centres, supporting cloud adoption, artificial intelligence, and India’s digital transformation journey.
With a market capitalisation of Rs 19,12,870 crore, the shares closed at Rs 1,413 per share, decreased 3.04 percent as compared to the previous closing price. Digital Connexion, backed by Reliance Industries Limited, Brookfield, and Digital Realty, plans to invest $11 billion (Rs 98,000 crore) by 2030 to develop 1 GW AI-native data centre capacity. The hyperscale facilities will be spread across 400 acres in Visakhapatnam, positioning Andhra Pradesh as a major hub for next-generation digital infrastructure.
Reliance Industries Limited chairman Mukesh Ambani announced a Rs 7 lakh crore investment plan in Gujarat, doubling past commitments. The investments span clean energy, AI-ready data centres, and advanced manufacturing, including India’s largest AI data centre in Jamnagar. The initiative aims to create large-scale employment, boost economic growth, and position Gujarat as a global hub for future-ready technologies.
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