The Indian data centre sector is set to see a huge growth stage with increased cloud computing, artificial intelligence and digital workloads demanding computing infrastructure. This opportunity exists not just for data centre players but also for infrastructure providers in electricity, cooling, real estate, engineering, and high performance computing. Companies that have scaled their operations in this field include a number of listed firms that could be winners in this data centre cycle.
Anant Raj
The Anant Raj group mainly operates in the real estate industry, with operations that cover both residential and commercial developments. The company has recently been venturing into digital infrastructure through the use of their real estate expertise in the data centers industry.
The firm currently has 28 MW of operating data centre capacity along with cloud services, which gives it exposure to the recurring revenue part of the data centre industry. Its data centre business is being run as an annuity business, hence offering a relatively recurring stream of revenue.
Anant Raj is also scaling up its capacity, with an incremental 35 MW of IT load in its Manesar and Rai data centres. The capacity will come into operation in the current fiscal along with cloud services, giving it further exposure to the rising demand for data centre infrastructure.
Techno Electric & Engineering Company Ltd
Techno Electric & Engineering works in both power transmission and distribution EPC business, enabled by their engineering expertise and extensive experience in the power infrastructure industry. Increased electricity consumption is an important positive tailwind in the industry, with peak demand hitting 271 GW in May 2026 and expected to grow towards 480 GW in FY32.
In Techno Digital, the firm has found its second growth engine, which will complement its traditional EPC Power T&D. Management sees data centers as inherently requiring power, making use of the firm’s strength in power engineering to meet this need.
Techno Electric is now growing its footprints in the data centre sector, capitalizing on the strength of its existing power infrastructure business. The growth in electricity needs coupled with data centre requirements creates a connection between its legacy EPC and new digital infrastructure businesses.
Netweb Technologies India Ltd
Netweb Technologies is a player in the high-performance computing and digital infrastructure domain, offering technology products suitable for tough computing environments. It offers solutions that cater to the data center infrastructure such as servers, storage, and computing through accelerators.
Netweb provides data center servers that are capable of handling high loads and are useful for managing complicated computing requirements. It also provides high-end storage and extensive accelerators, which are useful in cases where there are many processing and data handling requirements.
Due to rising demands for artificial intelligence and cloud computing as well as high performance computing applications, Netweb’s data centre services place the company on the computing infrastructure side of the data centre eco-system.
Blue Star Ltd
Blue Star provides services ranging from air conditioning, refrigeration, to electro-mechanical works. The projects business of Blue Star includes the designing and implementation of vital building infrastructure, which is needed in large buildings.
Data centers have become an area of immense potential for Blue Star’s electro-mechanical projects division. According to reports, robust orders booked during the quarter have been attributed to data center projects due to growing demand from this area.
There are also increasing possibilities for the company from data centers and industrial complexes, which would help in continuing its growth in its project business. Thus, Blue Star gets an exposure to the data center expansion through the electro-mechanical side of the business, and not directly as a data center player.
Kirloskar Oil Engines
The company Kirloskar Oil Engines functions in the domain of power generation and engine solutions that offer power system solutions to sectors requiring uninterrupted electricity supply. The areas covered by the company include engines and power solutions for data centres, defense, and other industries.
The modular power solution, Optiprime, offered by the company is gaining momentum on account of the need of the data centre customer for reliable and scalable power architectures. In the current quarter, Kirloskar Oil Engines was able to secure an important order in the data centre segment.
The company will also be investing money into modular Optiprime power systems for AI data centers, apart from other advanced applications like gas-powered distributed power. This investment by the company is targeted towards increasing its market as data centers now demand efficient power infrastructure.