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Anant Raj plans to invest ₹20,000 crore in Haryana to build large-scale data centres as demand for AI, cloud computing, and digital services continues to surge.
What’s going on: every ChatGPT query, UPI payment, Netflix stream, Instagram reel, or cloud application generates data that needs to be stored somewhere. That job is done by data centres, giant buildings packed with servers that keep the internet running.
Anant Raj is betting that India's AI boom will need a lot more of these digital warehouses. The company currently operates 28 MW of capacity and plans to scale that to 307 MW by FY32.
In simple terms, the company wants to increase its data storage and computing capacity more than 10 times over the next few years.
Who else is in the race: players like Yotta Data Services, AdaniConneX (Adani + EdgeConneX), Reliance-backed projects, CtrlS, STT GDC India, Nxtra by Airtel, and NTT Data are all investing billions into data centres.
Global tech giants like Microsoft, Google, Amazon Web Services, and Oracle are also expanding their cloud infrastructure in India.
Zoom out: India's data centre industry is expected to more than double from around 1 GW of capacity today to over 2 GW by 2030. Meanwhile, the country's AI market could cross $17 billion by 2027.
