Anant Raj to invest $2 bn to expand Haryana facilities

 

  • India’s data centre boom:
  • Anant Raj to invest $2 bn to expand Haryana facilities.


  • Target to expand data centre capacity to 300 MW by 2032.
  • Data centre revenue share expected to rise from 5% to 40% in 4 years.
  • Partnered with France’s Orange Business for cloud services

  • The company aims to increase its capacity to over 300 megawatts by 2032, according to managing director Amit Sarin.

  • Currently, Anant Raj operates one data center and intends to launch two more in Haryana, northern India.

  • The funding for this project will come from the company’s internal resources.

  • Anant Raj’s ambitious projection that data centers will grow from 5% to over 40% of its revenue within four years signals a significant business model transformation for traditional real estate developers.

Comments

Post a Comment

Popular posts from this blog

𝐖𝐑𝐲 𝐃𝐨 ππ‘πˆπ¬ 𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐧 𝐈𝐧𝐝𝐒𝐚?

Image
  𝐖𝐑𝐲 𝐃𝐨 ππ‘πˆπ¬ 𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐧 𝐈𝐧𝐝𝐒𝐚? Whether you're living in the US, UAE, UK, or Singapore; India continues to be a hotspot for wealth creation. But why do so many NRIs still invest here? Here’s why πŸ‘‡ ✅ Higher Returns – Indian equity markets, mutual funds, and even fixed deposits offer attractive long-term returns. ✅ Tax-Free Income – Interest from NRE and FCNR deposits is tax-free in India. Plus, DTAA helps avoid double taxation. ✅ Currency Edge – You invest in INR, and with the right timing, your gains in foreign currency terms could be even higher. ✅ Diversification – Indian assets like gold, real estate, and stocks add balance to a global portfolio. ✅ Future Ready – Planning to return to India someday? Build your base early with property or retirement-focused investments. ✅ Emotional Roots – Beyond numbers, India is still home. πŸ’‘ Whether it’s for wealth creation, retirement planning, or building assets back home, India offers a solid mix of growth + stability...
Read more

Airbag industry to grow to Rs 6,000-7,000 crore by FY27: ICRA

Image
  Airbag industry to grow to Rs 6,000-7,000 crore by FY27: ICRA The government has mandated six airbags -- two front airbags, two side airbags and two side-curtain airbags -- for the M1 category of vehicles to be manufactured from October 2023. ·           The airbag industry, which currently stands at Rs 2,400-2,500 crore, is expected to grow to Rs 6,000-7,000 crore by FY27 at a four-year CAGR of 25-30%, ICRA said on Tuesday. According to the rating agency, the airbag industry is expected to benefit from the increase in content per vehicle arising from higher regulatory requirements and a voluntary increase in the number of airbags per vehicle for enhancing safety. ·           "Airbag component manufacturing is a part of the PLI scheme, for facilitating the increase in indigenous manufacturing. Given the potential for multifold increase in airbags volumes, most airbag manufacturers are in pro...
Read more

Netweb Technologies Secures ₹1,734 Crore Strategic Order to Power India’s Sovereign AI Infrastructure

Image
Netweb FY25: PAT 50.8% growth   Netweb TechnologiesIndia Limited (Netweb), India’s leading Indian origin, owned and controlled OEM in the space of High-End Computing Solutions   Netweb is strategically positioned to capitalize on this momentum, anchored by focus on three pillars: HPC, Private Cloud, and AI Systems   Remain committed to in-house designing and producing world class latest generation systems supporting the 'Make in India' initiative and contributing to India's growth as a global manufacturing hub.    In FY25, AI continued to be a major growth engine, contributing 14.8% to revenue with a 112.0% YoY increase.   In line with focused efforts in the AI space, launched Skylus.ai in FY25, a unified solution to set up a GPU based AI infrastructure on the go that optimizes GPU resource management and simplifies deployment.  The launch of Skylus.ai marks a significant step in strengthening our leadership in the design and soluti...
Read more