India's TCS unit to invest up to $7.4 billion in AI data center campus


FILE PHOTO: A man walks past a logo of Tata Consultancy Services (TCS) before a press conference announcing the company's quarterly results in Mumbai, India, January 11, 2024. REUTERS/Francis Mascarenhas/File Photo

Sept 5 (Reuters) - A ⁠subsidiary of Tata Consultancy Services ⁠and its partners will invest up ‌to 700 billion rupees ($7.41 billion) to build a 1 gigawatt AI data center campus in ​the Indian state ofTelangana, ⁠the company said ⁠on Saturday.

• TCS's subsidiary HyperVault has secured ⁠264 ‌acres in Hyderabad for the project, which will be developed ⁠in phases.

• The facility is aimed ​at ‌AI companies and hyperscalers, supporting high-density ⁠GPU deployments ​for AI training and inference.

• At full buildout, HyperVault said the campus is ⁠expected to rank among ​India's largest AI infrastructure facilities.

• TCS CEO KKrithivasan said Hyderabad offered the scale, talent ⁠and ecosystem needed to serve global customers.

• The announcement comes days after TCS agreed to buy PorscheAG's automotive ​and consulting unit MHP, ⁠as the company broadens its offerings ​beyond traditional IT services.

($1 = ‌94.4800 Indian rupees)

(Reporting by ​Disha Mishra in Bengaluru, Editing by Timothy Heritage and Tomasz Janowski)

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