TCS Eyes AWS, OpenAI as Anchor Clients for Navi Mumbai Data Centre

• TCS is in talks with hyperscalers like AWS and OpenAI to be anchor clients for its first data centre in Navi Mumbai.
• The facility is a joint venture with TPG, part of the HyperVault platform, and aims for 120 MW capacity, going live in 18 months.
• HyperVault is TCS's first move into a standalone AI data centre business, with TPG investing up to $1 billion for a minority stake.
• India's data centre market is projected to grow significantly, attracting $94 billion in investments since 2019.
• India offers cheaper power, land availability, and localisation norms, making it a strategic location for AI infrastructure amidst US policy concerns.

Why It Matters: TCS is strategically positioning India as a global AI data centre hub, attracting major tech giants.