CallSignMaverick
Registered Member
$10 billion mega project on Great Nicobar island got approval, best part being that commies can't swim up to protest either 
India Economy Thread
- Thread starter indushek
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CallSignMaverick
Registered Member
Look at those merchandise import numbers. In before that Buffon Goyal comes in to brag. We are exporting same merchandize for past 5 years.
Vikramaditya1
Trusted Member
Bragging aside, he did pull an EU FTA out of all the Trump tantrums and forcing American hands to muster a deal.
But Indian industries remain third rate. Do you see any policy change, massive upgrade in quality of infra, increase in private industry capex etc.? Our banias will milk this FTA till they are deemed unfit. We are not the only one signing these FTAs. We can't even compete with BD in textile! I see no policy correction, just bragging.
Vikramaditya1
Trusted Member
It is 1.8%
Vikramaditya1
Trusted Member
The plus side I see is our Baniyas will get outcompeted in their own market. Which is a good thing, but I don't know how exactly they will milk it because Europeans are regulated to the neck and they will not let some shitty product to enter their market on top of the carbon tax bullshit and industrial regulations that must be fulfilled. I think it'll be overall positive.
The problem of comparing BD and India in textiles is, they are really minnows compared to Indian textile industry. Our domestic industry itself is $250 billion worth and that's fed by Indian fabric makers. We also face export barriers unlike LDC countries.
CallSignMaverick
Registered Member
$12 bn of it is literally gold
CallSignMaverick
Registered Member
hembo
Trusted Member
Adani pledges $100B to build AI data centers as India seeks bigger role in the global AI race
Jagmeet Singh5:08 AM PST · February 17, 2026
Indian conglomerate Adani Group said on Monday it would invest $100 billion over the next decade to build data centers specialized for AI across the country, a move that underscores India’s ambition to play a larger role in the global AI race.
The investment, which will run through 2035, is aimed at building renewable-energy-powered data centers designed to support AI workloads, the company said. It expects the plan to catalyze an additional $150 billion in related investments and result in a $250 billion AI infrastructure ecosystem in India over the decade.
Adani is making this commitment against a backdrop of skyrocketing investments in AI infrastructure as companies increasingly look beyond the U.S. for computing power, energy, and friendly regulation. India, with its expanding digital economy and growing renewable-energy capacity, has emerged as a major destination for data centers and AI-related infrastructure over the past couple of years.
The announcement coincides with India’s ongoing AI Impact Summit in New Delhi this week, where leaders from some of the world’s top AI companies, including OpenAI, Nvidia, Anthropic, Microsoft, and Google, are meeting policymakers and industry executives.
Adani Group chairman Gautam Adani (pictured above) described the plan as a long-term bet on the convergence of energy and computing. “India will not be a mere consumer in the AI age,” he said, adding that the group aims to help build a domestic AI infrastructure base.
The plan is to build atop Adani’s own existing data-center platform and its partnerships with companies like Google and Microsoft. The conglomerate is developing large-scale AI data-center campuses in Visakhapatnam and Noida, and has plans for more facilities in Hyderabad and Pune. An expanded partnership with Walmart-owned Flipkart will focus on another AI data center.
Adani said the broader plan calls for deploying up to 5 gigawatts of data-center capacity. The company said the facilities will be developed as a unified system that would scale power generation and processing capacity in parallel.
The effort builds on AdaniConneX, a joint venture between Adani Enterprises and U.S.-based EdgeConneX, a developer and operator of data centers for hyperscale and enterprise customers. The JV, Adani said, has already developed about 2 gigawatts of data-center capacity across India.
Central to the strategy is Adani’s renewable-energy portfolio, which the group said will supply carbon-neutral power to the data centers. The company pointed to its 30-gigawatt Khavda renewable project in western India — more than 10 gigawatts of which is already operational — and said it plans to invest an additional $55 billion to expand renewable generation and battery energy storage over the coming years.
To reduce exposure to global supply-chain disruptions, Adani said it plans to co-invest in domestic manufacturing of critical components, such as transformers, power electronics and thermal management systems.
Adani did not respond to questions about how much of the $100 billion investment is already committed capital, how the spending will be phased over the coming years, and when the first large-scale AI workloads are expected to become operational.
hembo
Trusted Member
India Deploys 20,000 NVIDIA Blackwell GPUs in $1B AI Infrastructure Push
Terrill Dicki Feb 18, 2026 01:10India partners with NVIDIA to build sovereign AI infrastructure with 20,000+ Blackwell Ultra GPUs, targeting $27.7B market by 2032 under IndiaAI Mission.
India just made its biggest bet yet on AI sovereignty. At the AI Impact Summit in New Delhi, the country unveiled partnerships with NVIDIA to deploy over 20,000 Blackwell Ultra GPUs across multiple data centers—the hardware backbone for what officials are calling the IndiaAI Mission.
The $1 billion government initiative, approved in March 2024, aims to transform India from an AI consumer into a producer. With domestic AI market projections ranging from $27.7 billion to $131 billion by 2032 depending on the estimate, the stakes couldn't be higher.
The Hardware Play
Three cloud providers are leading the infrastructure buildout. Yotta is constructing what it calls Shakti Cloud, powered by those 20,000-plus Blackwell Ultra GPUs across facilities in Navi Mumbai and Greater Noida. E2E Networks is deploying NVIDIA HGX B200 systems at L&T's Vyoma Data Center in Chennai.Perhaps more significant for long-term strategy: Netweb Technologies is manufacturing NVIDIA GB200 NVL4 platforms domestically under the "Make in India" program. Each system packs four Blackwell GPUs and two Grace CPUs—serious horsepower for model training and inference, built on Indian soil.
Why Sovereign AI Matters Here
India recognizes 22 official languages. Its census has recorded over 1,500 more. Building AI that actually serves 1.4 billion people means training models on local data, in local languages, on local infrastructure.The model development already underway is substantial. BharatGen, a government-backed initiative, has built a 17-billion-parameter mixture-of-experts model from scratch using NVIDIA's NeMo framework. Sarvam.ai is open-sourcing its Sarvam-3 series trained across 22 Indic languages with models ranging from 3 billion to 100 billion parameters.
Gnani.ai claims a 15x reduction in inference costs after fine-tuning NVIDIA's speech models for Indic languages—enabling the company to handle over 10 million calls daily for telecom and banking clients.
Production Deployments Already Live
This isn't vaporware. CoRover.ai has deployed multilingual speech AI for Indian Railways, supporting 10,000 concurrent users and processing 5,000 daily ticket bookings. The National Payments Corporation of India is testing FiMi, a financial model built on Nemotron, to power multilingual customer service across the banking system.Tech Mahindra is targeting education—building an 8-billion-parameter model to translate classroom materials into Hindi, Maithili, Dogri, and other regional languages.
The Funding Pipeline
NVIDIA is partnering with Peak XV, Elevation Capital, Nexus Venture Partners, and Accel India to fund AI startups building for both domestic and international markets. Over 4,000 Indian AI startups are already enrolled in NVIDIA's Inception program.The Anusandhan National Research Foundation will receive complimentary access to NVIDIA AI Enterprise software and technical mentorship, with bootcamps and hackathons planned to develop talent.
India led AI adoption across Asia Pacific in 2024, with 93% of students and 83% of employees actively using generative AI according to Deloitte. The infrastructure announced this week suggests the country intends to move from adoption to production. Whether that transition succeeds will depend largely on whether these GPU clusters can actually train competitive models—something the next 12 to 18 months should reveal.
冖_冖
Registered Member
India eases curbs on Chinese equipment imports for power, coal as projects delayed, sources say
February 18, 20265:50 PM GMT+8Updated 16 hours agoNEW DELHI, Feb 18 (Reuters) - India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash, allowing state-run power and coal companies to start limited imports as shortages and project delays mount, two government officials told Reuters.
India has now allowed state-run entities to procure a power-transmission component from China without government approval.
It is weighing a similar, time-bound exemption for key coal-sector equipment, the two officials said.
The exemption was granted in the "national interest," as blocking Chinese imports would hurt India's manufacturing capability, one of the officials said.
A panel of top bureaucrats has approved the waiver, with a formal order expected soon, the two sources said.
The easing follows repeated requests from government departments facing shortages and project delays under the 2020 restrictions, both officials said.
India may allow case‑by‑case imports of critical Chinese equipment rather than fully reopen procurement, the officials said.
India aims to add 500 GW of non‑fossil capacity by 2030, but execution delays and transmission bottlenecks persist.
Power transmission projects face a roughly 40% shortfall in transformers and reactors over the next three years, the second official said.
hembo
Trusted Member
India's Reliance to build AI data centres in $110 billion investment push
By ReutersFebruary 19, 20269:35 AM GMT+3Updated 14 mins ago
REUTERS/Francis Mascarenhas Purchase Licensing Rights, opens new tab
Feb 19 (Reuters) - India's Reliance Industries (RELI.NS), opens new tab and telecoms arm Jio will invest $109.8 billion over the next seven years to build artificial intelligence and data infrastructure, its billionaire chairman Mukesh Ambani said on Thursday.
Speaking at the AI Impact Summit in New Delhi, Ambani said the investment would be directed toward long-term "nation-building" capital, including sovereign AI computing capacity, as a shortage and the high cost of computing power remain the biggest constraints on domestic AI development.
India's first major artificial intelligence summit this week has drawn senior executives from global technology firms.
Jio is constructing multi-gigawatt, AI-ready data centres at Jamnagar, and is set to have over 120 megawatts of capacity online in the second half of this year, Ambani said.
The telecommunications company also plans to build AI-ready data centres powered by renewable energy, he said.
Separately, Adani Enterprises (ADEL.NS), opens new tab on Tuesday also said it will invest $100 billion to build renewable-powered AI-ready data centres by 2035.
Indian companies are increasing AI investment, committing billions of dollars to data centres, computing infrastructure and related services to meet rising demand.
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Earlier on Thursday, U.S. AI developer OpenAI said it would become the first customer of a data centre operated by Tata Consultancy Services (TCS.NS)
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