Anant Raj Limited is set to invest Rs 180 billion (approximately $2.1 billion) in the data centre sector, aligning itself with the surge in demand for artificial intelligence (AI) and business process services across India.
With a current market capitalisation of $2.3 billion, Anant Raj intends to establish two additional data centres in Haryana, complementing its already operational facility. Further, the company is targeting a cumulative capacity exceeding 300 megawatts (MW) by early 2032.
This expansion plan mirrors similar large-scale moves by major Indian conglomerates such as the Adani Group and Reliance Industries, both of which are ramping up their presence in the fast-growing digital infrastructure space.
