India's data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong opportunities for industrial equipment makers supplying critical infrastructure, with GE Vernova T&D India and CG Power emerging as key beneficiaries of expanding data centre investments and capacity additions.

India's data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong opportunities…

Nomura predicts a booming Indian datacentre industry, favoring CG Power and GE Vernova amid rising AI and digitalization demand.