India's AI Data Center Expansion Fuels Capital Goods Orders; IIFL Highlights Netweb, ABB

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

AI Data Center Boom Fuels India's Capital Goods Sector: IIFL Picks Netweb, ABB

Industry Observation on AI Workflow Compression: Commentators in the AI community note that models are increasingly taking on tasks once requiring specialised human effort, from proposing experiments to evolving software without traditional coding. This trend shifts human roles toward supervision, evaluation and high-level decision making.

C

CNBC TV18•23-02-2026, 15:00

AI Data Center Boom Fuels India's Capital Goods Sector: IIFL Picks Netweb, ABB

•India's AI data center expansion is driving a broader industrial capital expenditure cycle, boosting demand for power, cooling, and engineering services.
•IIFL identifies Netweb Technologies as a key beneficiary with strong order visibility, projecting ₹55 billion in AI-related data center orders over 2.5 years.
•The opportunity extends to Cummins India (power solutions), L&T and KEC International (civil construction), and ABB India (electrical systems, UPS).
•HVAC companies like Voltas, Blue Star, Siemens, and Honeywell Automation are set to benefit from increased capacity creation.
•Apar Industries (cables/wires) and Hitachi Energy India (HVDC projects) are also highlighted for growth, with CG Power, MTAR Technologies, and L&T as bottom-up ideas.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Agentic AI to Transform India in 2026: AWS Bets Big on Enterprise Leap

Agentic AI to Transform India in 2026: AWS Bets Big on Enterprise Leap

Intel Eyes India's DLI 2.0: Global Tech Giant Poised to Join Semiconductor Design Scheme

RIL Chairman Mukesh Ambani Presenting Keynote Address At India AI Impact Summit 2026

Mukesh Ambani's Vision: India to Become Global AI Powerhouse

AI, Consumption Trends Drive Focus on Vishal Mega Mart, MTAR Tech, IT Stocks: Khemka

AI, Consumption Trends Drive Focus on Vishal Mega Mart, MTAR Tech, IT Stocks: Khemka

Additional Secretary Abhishek Singh outlines plan to scale GPU capacity and back sovereign AI models through private investment and domestic talent funding.

India's AI Talent Brain Drain: MeitY's Abhishek Singh Urges Domestic IP Creation

AI Boom: Power, Metals to Outshine IT, Says Manulife's Rana Gupta

AI Boom: Power, Metals to Outshine IT, Says Manulife's Rana Gupta