Goyal Chairs CEO Roundtable to Accelerate AI and Data-Centre Investment
Officials frame the push as turning India’s cost edge into fresh investment in AI and data centres.
Overview
- Commerce Minister Piyush Goyal on November 10 led a CEO roundtable focused on easing doing business for AI and data-centre firms through policy, regulatory and digital-infrastructure measures.
- The ministry reiterated a vision to position India as a global hub for data-driven innovation and AI, though no attendee list or firm-level commitments were disclosed.
- Independent data from Turner & Townsend ranks Mumbai as the second-lowest-cost location globally for data-centre construction in 2025, underscoring India’s cost competitiveness.
- Industry reporting cites projections of capacity rising from about 1.2 GW today to roughly 9 GW by 2032, implying an estimated $30–45 billion in cumulative capex excluding servers.
- Rapid buildout faces constraints tied to energy and water use and to metro concentration, with more than 260 operational facilities nationwide and nearly 70% of capacity in Mumbai and Chennai.