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.
Kumar Mangalam Birla alongside wires and cables, a modern data centre, power infrastructure and urban development

Data centres, digitalisation to drive wire and cable demand; Aditya Birla Group launches UltraVolt

Aditya Birla Group has launched UltraVolt, its new wires and cables business, with an investment of Rs 1,800 crore. Chairman Kumar Mangalam Birla said the sector will benefit from India’s urbanisation, electrification and digitalisation, with new homes, energy infrastructure and rising data centres expected to drive demand. UltraVolt aims to become one of India’s top two players within five years.