# India data-centre boom boosts select stocks sharply > Source: > Published: 2026-06-03 04:26:58.652299+00:00 # India data-centre boom boosts select stocks sharply The Economic Times reports India's data centre sector is in a multi-year expansion driven by digitalisation, cloud adoption and rising AI demand. According to brokerage Nomura, India's data centre IT load rose from about **350 MW** in 2019 to nearly **1.5-1.6 GW** in 2025, a CAGR of about **29%**, and India's share of global capacity rose from roughly **1.5%** in 2019 to **2-3%** in 2025. Economic Times reports several listed companies tied to data-centre infrastructure, power equipment, cables, networking and AI hardware have delivered outsized returns in 2026, with some stocks surging as much as **477%**. The article highlights **Sterlite Tech** (reported up **488%** in 2026) and **HFCL** (reported up **170%** in 2026); Economic Times cites CLSA saying Sterlite could rise another **11%** after a reported **$1 billion** order win and that CLSA models a **49% EBITDA CAGR** for Sterlite between FY26 and FY29. Editorial analysis: the story signals concentrated investor interest in AI-linked infrastructure in India and underscores monitoring hyperscaler demand and order flows. ### What happened The Economic Times reports that India's data centre industry is entering a multi-year growth phase driven by accelerating digitalisation, cloud adoption and growing AI demand. According to brokerage **Nomura**, India's data centre IT load expanded from about **350 MW** in 2019 to nearly **1.5-1.6 GW** in 2025, a compound annual growth rate of roughly **29%**, versus about **20%** globally. Economic Times reports the market has re-priced companies linked to data-centre infrastructure, power equipment, cables, networking and AI hardware; several listed names have posted outsized gains in 2026, with some stocks up as much as **477%** in the year to date. ### Reported company moves and broker views Economic Times highlights **Sterlite Tech** as the largest winner, reporting the stock surged **488%** in 2026. The article cites Hong Kong-based broker **CLSA** as saying Sterlite won a reported **$1 billion** order from a US hyperscaler, and that CLSA expects the stock to climb another **11%** from current levels while modelling a **49% EBITDA CAGR** for Sterlite between FY26 and FY29. Economic Times also reports **HFCL** rose about **170%** in 2026. ### Editorial analysis - technical context Companies supplying data-centre equipment and connectivity typically see demand correlated with hyperscaler capex and enterprise cloud migration. Industry-pattern observations: rising AI workloads increase requirements for higher rack power density, accelerated compute (GPUs/TPUs), stronger fibre and power distribution, and larger on-site cooling capacity. These technical constraints tend to shift procurement toward vendors that can deliver higher-density power, high-bandwidth interconnects and efficient cooling solutions. ### Industry context Editorial analysis: The Economic Times coverage fits a broader trend where visible order wins and rising IT-load metrics drive investor interest in infrastructure-adjacent stocks. For practitioners, this means greater demand for deployment expertise, power-systems engineering, and network design in regions with accelerating capacity addition. Observed patterns in similar markets include supply-chain lead times extending for specialty cables and power gear and increased emphasis on energy-efficiency and grid arrangements. ### What to watch Indicators worth tracking include: reported hyperscaler order announcements and contract sizes; quarterly IT-load and capacity disclosures from data-centre operators; broker research updates on EBITDA and order-book assumptions; local power and land availability developments; and policy signals on data-centre incentives or restrictions. Industry observers will also follow whether reported order wins translate into multi-year revenue visibility for listed suppliers. ## Scoring Rationale The story matters to infrastructure and operations practitioners because accelerating data-centre capacity affects procurement, power design and network planning. It is primarily an investment-market narrative rather than a technical/model breakthrough, so importance is notable but not frontier-level. Practice with real FinTech & Trading data 90 SQL & Python problems · 15 industry datasets [Active Verified Users by Income TierEasy](/problems/sql/active-verified-users-by-income) [Technology Stocks with High BetaMedium](/problems/sql/technology-stocks-with-high-beta) [Portfolio Performance ScorecardHard](/problems/sql/portfolio-performance-scorecard) 250 free problems · No credit card [See all FinTech & Trading problems](/problems/datasets/fintech)