Netweb and E2E Networks Lead India’s AI Infrastructure Upsurge
· Technology · LiveMint, Indian Express
India’s data‑centre capacity rose from roughly 1,500 MW at the start of 2025 to an expected 2,000 MW by the end of 2026, with government policy targeting a four‑ to five‑fold cloud growth by 2030 and a 2047 tax holiday for foreign cloud firms. Netweb, a home‑grown assembler of high‑performance AI servers and an official partner of Nvidia and AMD, reported a 172 % revenue jump to ₹8.2 billion and an 180 % net‑profit rise to ₹850 million in the quarter ended June 2026; its AI portfolio now accounts for about two‑thirds of sales, and its order book stood at ₹25 billion. The company’s valuation is over 100 times earnings, leaving little margin for a weaker period. E2E Networks, India's first listed pure‑play GPU‑as‑a‑service provider, has transformed from a loss‑making start‑up to a key player following the AI wave, offering rental compute time without ownership. Both firms represent distinct layers of the AI stack—hardware assembly and cloud‑based compute—and are positioned to benefit fro
Why it matters
Indian technology firms gain visibility and capital efficiency as the country’s AI ecosystem expands, while foreign cloud operators and investors may tap into a new market with favorable tax incentives.
Read the original report — LiveMint
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