Swedish private equity firm EQT Group plans to invest up to $50 billion in India by the year 2030, with data centres expected to receive the largest share of the planned capital deployment. The company plans to invest about $30 billion dollars into data centres, along with investments in renewable energy and private equity.
This investment comes as demand for digital infrastructure increases in the country, due to cloud services, AI and the expansion of hyperscale computing. For infrastructure and real estate sectors, the plan points to growing demand for specialised facilities, land, power and connectivity needed to support the country’s expanding digital economy.
EQT outlines $50 billion investment plan for India
EQT's planned investment will span three broad areas. About $30 billion is expected to go towards data centres, while around $5 billion is planned for solar and renewable energy. The remaining $15–20 billion is expected to be deployed through private equity investments.
“India is one of our most important markets globally, not just within Asia. Since inception we have invested $26 billion in the country. We started off investing primarily in technology services and tech services, but since then we’ve expanded into healthcare, as well as now significantly into digital data centres and infrastructure. That’s becoming probably the most significant part of our investment strategy,” said Jean Eric Salata, chair of EQT Group, in a media briefing in Mumbai.
| Category | Amount (USD) |
|---|---|
| Total Planned Investment | $50 Billion |
| Data Centres | $30 Billion |
| Solar & Renewable Energy | $5 Billion |
| Private Equity / Technology | $15–20 Billion |
| Cumulative Invested to Date | $26 Billion |
Data centres take the biggest share of planned capital
The proposed $30 billion investment for data centres is the most important component of EQT’s India plan. The company has already invested $10 billion dollars in the country’s data centres and plans to include another $20 billion by 2030. Much of the expansion is expected to take place through EdgeConneX, EQT’s global data-centre platform, and its joint venture with Adani Enterprises, AdaniConnex.
EQT expects its data-centre capacity in India to rise from around 1 GW to up to 5 GW. This expansion comes as India’s broader data infrastructure market continues to attract global investment. The expansion is expected to be supported by rising demand from hyperscalers and growing AI computing requirements.
The scale of the planned capacity addition is significant for India's commercial infrastructure market. Data centres require purpose-built buildings, large land parcels, reliable electricity, cooling systems and high-speed connectivity, making them increasingly important to the country's wider real estate and infrastructure landscape.
AI demand is driving the next phase of data-centre growth
The growing use of AI is changing the requirements of India's digital infrastructure. AI applications require substantial computing capacity, increasing demand for data-centre facilities capable of supporting high-density workloads.
EQT's investment plan comes against a broader expansion in India's data-centre market, and this is creating more opportunities for the real estate sector, with India’s data centre footprint expected to cross 101 Million sq ft by the same year. According to Cushman & Wakefield, India's data-centre development pipeline through 2030 has reached 3,860 MW, reflecting the pace at which capacity is being planned across major markets.
For developers and infrastructure investors, this creates demand for locations that can offer more than just available land. Access to power, fibre connectivity and suitable infrastructure is becoming increasingly important when selecting sites for large data-centre facilities.
EQT also plans $5 billion for renewable energy
EQT also plans to invest around $5 billion in solar and renewable energy, highlighting the close link between power infrastructure and the growth of data centres.
Data centres operate continuously and require dependable electricity, while the expansion of AI infrastructure is expected to increase power requirements further. This makes renewable generation and supporting power infrastructure an important part of the investment landscape around digital facilities.
The connection between the two sectors could also influence where future data-centre projects are developed. Locations with access to reliable power and renewable-energy capacity can become more attractive for large-scale digital infrastructure projects.
EQT's planned investment therefore extends beyond the construction of data-centre buildings. Its proposed allocation across digital infrastructure and renewable energy reflects the wider physical requirements of India's growing digital economy.
With $50 billion planned across data centres, renewables and private equity by 2030, EQT's strategy places digital infrastructure at the centre of its next phase of expansion in India. The proposed data-centre investment, in particular, could add to the country's growing pipeline of specialised infrastructure and create further demand for land, construction, power and connectivity over the coming years.
