Modern data centre campus in India with illuminated server racks, a connected map of India and a rising arrow representing AI infrastructure growth.

India’s next data centre IPO candidates: The private AI infrastructure companies to watch

India's AI infrastructure ecosystem could create new opportunities for public market investors. A Goldman Sachs report identifies CtrlS Data Centers, Nxtra Data, Pi Datacenters and Sify Infinit Spaces among 84 private AI contenders, while estimating that prospective listings across the wider AI ecosystem could add $50 billion to $100 billion to market capitalisation over the next two to five years.