Business Economy


TCS bets USD 6.5bln as India’s push against tech colonisation

New Delhi, Nov 3 (UNI) Tata Consultancy Services (TCS) has announced a Rs 57, 701 crore (USD 6.5 billion) capital expenditure plan aimed at building long-term digital and artificial intelligence (AI) capabilities.
It marks a major shift towards strengthening India’s technological self-reliance.
The plan is described by Chief Executive Officer and Managing Director of TCS, K Krithivasan, as a step towards becoming the ‘ world’s largest AI-led services company’ by combining equity and debt financing. It also includes investment from financial investors to retain strategic flexibility.
This move comes as India’s digital infrastructure demand accelerates, which will prompt private players to expand capacity and resilience to avoid ‘tech colonisation.’
Industry experts also said that the initiative reflects a global environment where digital infrastructure is now viewed as core infrastructure, which is now supported by long-tenor financing models.
As per the report of Avendus Capital, India’s total data center capacity is expected to exceed 2,000 MW in two years, requiring around Rs 31,070 crore (USD 3.5 billion) in new investments. Moreover, firms like AdaniConneX, Yotto Data, and CapitalLand have already raised over Rs 17 754 crore (USD 2 billion) to fund hyperscale campuses.
On the other hand, Barclays projects India could attract Rs 1,68 663 crore (USD 19 billion) in data centre investment by 2030, which is driven by hyperscalers and enterprise clients.
Moreover, analysts also see it for a defining decade for India’s technology sector, urging companies to reinvest margins from AI, compute, and cybersecurity infrastructure to build domestic capacity and reduce dependence on foreign technology ecosystems.
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