India's AI data centre boom could attract up to $435 billion by 2030: Report. The report argued that the opportunity extends far beyond data centre developers. Collectively, this ecosystem spans 11–12 infrastructure sub-sectors, providing a broad and diversified opportunity to participate in India's AI infrastructure buildout. "As one of the world's fastest-growing digital economies, India holds immense potential in AI data centres. As India's AI infrastructure scales, companies across utilities, transmission, and electrical equipment will likely emerge as key beneficiaries of this long-term structural trend, Shami added.