Netweb Technologies Bags Massive ₹1,734 Crore AI Compute Order to Drive India’s Sovereign AI

Date:

Netweb Technologies India Limited has clinched a landmark ₹1,734 crore contract to build sovereign AI compute infrastructure—a defining step in advancing India’s AI autonomy under the IndiaAI Mission.

The order includes deploying GPU-accelerated platforms powered by NVIDIA’s state-of-the-art Blackwell architecture, delivered via Netweb’s flagship Tyrone Camarero AI platform. Each node will feature cutting-edge 8× GPU-HGX-B200 accelerators, optimized for high-throughput, memory-intensive AI workloads such as generative AI and large foundational model training.

Execution of the project is planned between Q4 of FY26 and H1 of FY27, ensuring phased delivery and integration into India’s sovereign AI system.

Following the announcement, Netweb’s share price witnessed a sharp rally—climbing between 9% and 12% on both BSE and NSE—underscoring investor confidence in the project’s scale and strategic importance.

Chairman & Managing Director Sanjay Lodha emphasized that this strategic win is of national importance, reflecting the rising significance of sovereign compute capabilities in India’s digital future. He affirmed the company’s pride in contributing to the IndiaAI Mission with infrastructure that is both engineered and manufactured locally.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

5 × 1 =

spot_img

Share post:

Subscribe

More like this
Related

Good News on GST!

We believe the recent GST rate revisions by the...

The Rise of Branded Residences in India’s Luxury Real Estate

The Indian real estate market is witnessing a new...

Goa Amends Building Rules to Boost Small-Scale Industries

The Goa government has amended its Land Development and...

South Korea Supercharges AI: From Smart DCIM to Gigawatt AI Hubs

South Korea is rapidly overhauling its data center infrastructure...