After the success of the IT sector in India, data centers are now becoming new success story. It is estimated that in the next 5 years, India’s data center capacity may increase by 5 times to 8 GW. The biggest reason for this is the increasing use of internet, demand for AI and strict rules of data localization. This is the reason that Google, Openai, and native companies such as Reliance, Airtel and Adani are investing heavily in it. Data centers are locations where computer, server and storage devices are protected and companies are provided data processing and storage. Cheap electricity and land prices in India make it attractive for global investment. Talking about investment, you can invest in stocks such as Orient Technologies (Server & Networking Solutions), Netweb Technologies (Supercomputing Solutions), and Anant Raj Developers (Data Center Infra). These companies have given returns from 50% to 100% in the last 1 year. Data centers are going to become the next large engine in India’s digital economy, and investing in it can be a sensible step.
India will become a hub of data centers, which shares will earn? Paisa Live | India will become a hub of data centers, which stocks will generate earnings?
