L&T data centres target $1bn revenue by 2030

On October 14, Google announced that it will invest $15 billion in a 1 GW data center in Visakhapatnam, where local holding company Adani Group is a partner. A month later, Reliance Industries’ joint venture with asset manager Brookfield announced a similar 1GW data center, also in Vizag, with a net capex of $11 billion. Meta Platforms is a partner in Reliance’s data center venture through its 30% stake in its downsized subsidiary Reliance Enterprise Intelligence Ltd.