India’s data center industry is witnessing unprecedented growth, fueled by soaring data consumption, rapid cloud adoption, AI-driven applications, and data localization mandates. The Ministry of Electronics and Information Technology (MeitY) has further accelerated this momentum by proposing tax exemptions of up to 20 years for data center developers, which is an incentive that could dramatically cut project costs and unlock large-scale investments. With these tailwinds, India is fast emerging as a global hub for digital infrastructure, supported by real estate and infrastructure giants who are leveraging land, capital, and construction expertise to deliver scalable and sustainable data centers. Here are five leading data centre developers building the backbone of India’s digital economy:
1. Anant Raj Limited
Through its arm Anant Raj Cloud, the company has quickly positioned itself among India’s fastest-growing data center developers. Leveraging decades of real estate expertise and a strong presence in the NCR, Anant Raj has expanded its Manesar and Panchkula facilities by 22 MW, bringing its total operational capacity to 28 MW. Backed by a planned capital outlay of USD 2.1 billion (Rs 180 billion), the company aims to develop over 300 MW of capacity across Manesar, Panchkula, and Rai by 2032, with revenue projections nearing Rs 9,000 crore. Founded in 1969, Anant Raj also boasts a legacy of 9.96 million sq. ft. of delivered residential and commercial projects and ~320 acres of prime, debt-free land in Delhi-NCR. This rare synergy of real estate strength and digital infrastructure ambition places Anant Raj among the most aggressive new entrants shaping India’s digital future.
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2. Yotta Infrastructure (Hiranandani Group)
A flagship of the Hiranandani Group, Yotta has launched its hyperscale facility Yotta D1 in Greater Noida, part of a six-building campus spanning 360,000 sq. ft. with an expected 160–175 MW capacity. With an investment commitment of Rs 39,000 crore in Uttar Pradesh, Yotta is strategically positioned to serve high-growth regions and strengthen India’s global standing in data processing.
3. Lodha Developers: From Luxury Homes to Digital Assets
Traditionally known for luxury housing, Lodha is making bold strides into the data center sector. A landmark Rs 450 crore land acquisition with Amazon in Palava underscores its intent to play a key role in Mumbai’s digital ecosystem. The company also has plans to expand into NCR by FY26, combining its real estate acumen with the growing demand for enterprise and hyperscale data centers.
Also read: Future of Data Management: Trends and Strategies for Modern Data Centers
4. AdaniConneX (Adani Group & EdgeConneX JV)
AdaniConneX is rapidly becoming one of India’s largest integrated data center providers. With multi-billion-dollar investments, it is building hyperscale as well as edge facilities across metropolitan hubs. Its nationwide strategy caters to cloud providers, enterprises, and digital service companies, cementing its place as a critical enabler of India’s expanding data infrastructure.
5. Nxtra Data (Bharti Airtel)
As one of the earliest movers, Nxtra Data backed by Bharti Airtel and Carlyle has established a strong presence in NCR, Chennai, Pune, and Bengaluru. Focused on serving both telecom and cloud hyperscalers, Nxtra continues to expand capacity with fresh investments, strengthening its reputation as a reliable partner powering India’s digital transformation.
The Road Ahead
Supported by forward-looking policies, enterprise demand, and rising digital penetration, India’s data center industry is poised for exponential growth. Developers like Anant Raj are leading this charge by blending construction expertise with scalable, capital-efficient infrastructure. Together, these five players are laying the foundation of India’s next-generation digital economy.
