EQT targets $50B India investment by 2030, led by data centres

EQT plans to deploy $50 billion in India by 2030, including $30 billion for data centres through EdgeConnex and its AdaniConnex joint venture. The programme also earmarks $5 billion for renewable energy and $15 billion-$20 billion for venture and buyout investments.

— Source publishedThu, 17 Sept, 2026, 12:29 IST·First seen Thu, 17 Sept, 2026, 12:39 IST·Source The Hindu BusinessLine

What happened

Adani Group · EQT plans to invest $50 billion in India by 2030, led by data centers via EdgeConnex and its AdaniConnex joint venture. The plan also includes

Key facts

  • $50 billion planned EQT investment in India by 2030
  • $30 billion for data centers
  • $5 billion for renewable energy
  • $15 billion-$20 billion for India venture and buyout private equity
  • 50-50 EdgeConnex-Adani Enterprises joint venture
  • $100 billion Adani data-center investment plan by 2035
  • $12.7 billion Amazon India cloud investment through 2030
  • about $15 billion Alphabet AI infrastructure hub investment
  • $26 billion EQT invested in India since 1998
  • around $7 billion invested since 2023

Why this matters

Retail and commerce companies with significant India technology demand should monitor EdgeConnex and AdaniConnex for potential infrastructure partnerships, while noting EQT has disclosed no dedicated consumer-retail strategy.