Prime Minister Narendra Modi has identified energy security as a major challenge for the global semiconductor industry as rising artificial intelligence (AI) adoption drives demand for computing power and electricity. Speaking at the inauguration of SEMICON India 2026, Modi said AI data centres use thousands of high-performance processors to process large volumes of data. As […]
STARTUP/TECHNOLOGY
India Data Centre Capacity Hits 1.57 GW, May Surpass 8 GW By 2030
India’s data centre industry is entering a high-growth phase, with installed capacity rising from around 375 MW in 2020 to 1.57 GW as of August 2026, driven by the rapid expansion of digital services, cloud computing, digital payments and emerging technologies such as artificial intelligence. The capacity is projected to increase further to nearly 8 […]
STARTUP/TECHNOLOGY
Infineon Technologies Acquires Bengaluru-based C2i Semiconductors
Infineon Technologies AG has acquired Bengaluru-based C2i Semiconductors, a technology company specialising in software-defined multiphase controllers and smart power stages for artificial intelligence data centre applications. The transaction, which is expected to close in the third quarter of calendar year 2026, will strengthen Infineon’s power solutions for AI data centres and expand its digital power […]
STARTUP/TECHNOLOGY
HCLTech To Invest ₹3,500 Cr In AI DCs, Tap Into Full-Stack AI Market
HCLTech has announced its entry into the full-stack artificial intelligence (AI) market with a strategic investment of up to ₹3,500 crore to establish AI data centres in India, marking a significant expansion of its AI infrastructure and services portfolio. The company said the investment is aimed at addressing the growing demand for AI-led services and […]
INFRASTRUCTURE
SETL Acquires 51% Stake In GScale Energy, Commits ₹500 Cr For Growth
Standard Engineering Technology Ltd (SETL), a precision and multi-disciplinary engineering company, has announced the acquisition of a majority stake in GScale Energy Pvt Ltd, marking its entry into the rapidly growing AI data centre infrastructure segment. The company proposes to acquire up to 51% shareholding in GScale Energy through a combination of primary capital infusion […]
STARTUP/TECHNOLOGY
CtrlS Raises ₹ 7,000 Cr From CPPIB At $4.7 Bn Valuation For Next Scale-Up
Hyderabad-based data centre operator CtrlS Datacenters has secured a total investment commitment of ₹7,000 crore from the Canada Pension Plan Investment Board (CPPIB), valuing the company at a pre-money valuation of $4.7 billion. The investment is expected to accelerate the creation of nearly 4 gigawatts (GW) of data centre capacity across India, positioning CtrlS to […]
