Data Surge Ahead: Anant Raj Commits $2 Billion to Power India’s Data Center Revolution

Image Source : Trade Brains

In a bold move that underscores India’s growing digital infrastructure ambitions, Delhi-based real estate developer Anant Raj Ltd has announced a massive Rs 18,000 crore ($2.1 billion) investment to expand its data center footprint. The company plans to build two new hyperscale facilities in Haryana, adding to its existing operational center, with a long-term goal of reaching over 300 MW capacity by 2032.

Here’s a detailed look at the investment strategy, market context, and what it means for India’s digital future.

Key Highlights of the Expansion Plan

- Anant Raj will fund the entire project through internal accruals, signaling strong balance sheet confidence
- The two new data centers will be located in Haryana, a strategic hub for North India’s digital infrastructure
- The company aims to scale its data center business from 5 percent of total revenue to over 40 percent within four years
- The expansion aligns with India’s broader push for data localization and AI-driven services

Why the Timing Matters

- India currently generates 28 percent of the world’s data but stores only 1 percent of it locally, creating a massive gap and opportunity
- The country’s data center capacity is projected to grow by 77 percent to 1.8 GW by 2029, according to JLL
- Demand is being driven by AI workloads, cloud adoption, and regulatory mandates for local data storage
- Global players like Adani Group, Reliance Industries, RMZ Corp, and Panchshil Realty are also ramping up investments in this space

Strategic Partnerships and Revenue Outlook

- Anant Raj has partnered with Orange Business, a French IT services firm, to offer integrated cloud and data center solutions
- The company expects data centers to become its primary revenue driver by FY29, overtaking traditional real estate verticals
- The facilities will cater to hyperscalers, enterprise clients, and government agencies seeking secure, scalable infrastructure

Industry Implications and Competitive Landscape

- The move positions Anant Raj as a serious contender in India’s fast-consolidating data center market
- With rising land and power costs, early movers like Anant Raj gain a strategic edge in securing prime locations and long-term contracts
- The investment also supports India’s ambition to become a regional data hub, attracting global cloud and AI players

As India’s digital economy accelerates, Anant Raj’s $2 billion bet is more than just a real estate play—it’s a signal that data infrastructure is the new frontier of growth, resilience, and national competitiveness.

Sources: Business Standard, NDTV Profit, Moneycontrol, June 30, 2025