EQT plans $50bn India investment by 2030, with $30bn for data centres

EQT plans to invest $50 billion in India by 2030, including $30 billion in data centres via EdgeConneX and AdaniConneX. The firm also earmarks capital for renewables, private equity and growth-stage technology investments, reinforcing India’s AI-infrastructure buildout.

— Source publishedWed, 16 Sept, 2026, 20:49 IST·First seen Wed, 16 Sept, 2026, 20:53 IST·Source Business Standard · Companies

What happened

EQT plans to invest $50 billion in India by 2030, including $30 billion in data centres through EdgeConneX and AdaniConneX. It also targets renewables, private

Key facts

  • $50 billion planned investment in India by 2030
  • $30 billion total planned investment in Indian data centres
  • $10 billion already invested in Indian data centres
  • Additional $20 billion planned for data centres by 2030
  • $5 billion planned for solar and renewables

What changed

EQT plans to invest $50 billion in India by 2030, including $30 billion in data centres through EdgeConneX and AdaniConneX. It also targets renewables, private equity and Series B/C technology investments, expanding its India AI-infrastructure strategy.

Why this matters

EQT’s planned $30 billion data-centre buildout signals sharply rising competition for Indian power, land, fibre and AI-capable capacity through 2030.

What to watch

  • EQT, EdgeConneX or AdaniConneX announcements of specific campus locations, power procurement and phased capacity commitments.
  • Indian state approvals for land, transmission, water use and renewable generation tied to new data-centre clusters.
  • Changes in commercial and industrial electricity tariffs or grid-connection wait times in affected states.
  • Hyperscaler leasing commitments and AI-cloud availability-zone launches in India.
  • New EQT India investments in retail technology, logistics, consumer platforms or payments.