India’s data centre operational capacity to help Anant Raj grow

A recent report from the ICRA has predicted that the data center operational capacity of India will get almost doubled to 2,100 MW in the next two years. They have forecast the investment between RS 40,000 and RS 45,000 crore in the financial year 2026-2027. The reason behind this growth is the increasing consumption of the internet and data localization dynamics.

What IRCA Vice President has to Say on this Forecast?

According to ICRA’s Vice President and Co-Group Head Anupama Reddy, machine learning, 5G rollout, and the Internet of Things will play a significant part in growing data and storage needs. It is something that the global market has already witnessed with lots of large deals of more than 300 MW by hyperscalers. That is why this trend is expected to come in India thanks to increasing data needs and supportive regulatory policies.

How will it benefit Anant Raj Limited?

It will likely benefit companies like Anant Raj Industries, which has been involved in the construction of IT parks, offices, and hospitality projects. They have developed over 20 million square feet of reality projects for various industries. This company has a market capitalization of more than RS 16,900 crore, with its share price trading around RS 543. The stock has shown a growth of almost 5% in the past month, and it is expected to continue in the near future.

If we talk about the company’s profile, they are relying on utilizing the increasing demand for data centers. The company has an additional advantage of lower capital costs because of the solid land ownership and impressive infrastructure. That’s not all; Anant Raj has been spending nearly RS 10,000 Crore to develop a 300 MW facility. So, this forecast from the ICRA will likely help the company’s stock grow in the next few months for sure.