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Market Update

Anant Raj to Invest ₹4,500 crore in data centre & IT park in Andhra Pradesh

Anant Raj
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Anant Raj Limited is set to expand its data centre footprint to Andhra Pradesh with a planned investment of ₹4,500 crore, following the signing of an MoU between its wholly owned subsidiary, Anant Raj Cloud Private Limited (ARCPL), and the Andhra Pradesh Economic Development Board (APEDB).

The collaboration, formalised in the presence of Shri Nara Lokesh, Hon’ble Minister for Information Technology, Electronics & Communications, marks a significant push toward building advanced data centre infrastructure and an IT Park in the state. The large-scale project, to be executed in two phases, is expected to generate substantial employment and further strengthen the company’s rapidly growing digital infrastructure portfolio.

The project is expected to create major employment opportunities around 8,500 direct and 7,500 indirect jobs while bolstering the State’s digital ecosystem. This planned investment and expansion are over and above the company’s existing 307 MW of data center capacity currently under development. The collaboration aims to accelerate the development of world-class digital infrastructure in Andhra Pradesh, with APEDB providing facilitation support and coordination with relevant government bodies for timely execution.

Anant Raj Limited currently operates 28 MW of IT load across its campuses in Manesar and Panchkula and aims to expand total capacity to 307 MW by FY32 across Manesar, Panchkula, and Rai, backed by a $2.1 billion capex plan. In June 2024, Anant Raj partnered with Orange Business, the French IT and telecom services provider, to deliver managed cloud services in India.

The Group remains on track to achieve an installed IT load capacity of ~117 MW by FY28 across these three strategic data centre locations.

Established in 1969, Anant Raj has delivered 9.96 million sq. ft. of residential and commercial projects and holds nearly 320 acres of debt-free land in Delhi-NCR. For the first half of FY26, the Company reported revenue of ₹1,223.20 crore and PAT of ₹264.08 crore

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