Try GOLD - Free
L&T targets 6x rise in data centre biz
Financial Express Mumbai
|October 31, 2025
ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.
The company has developed data centres in Panvel near Mumbai and Chennai, and there is a plan for another 30 MW in Mahape near Mumbai, and it plans to take it to nearly 200 MW, said R Shankar Raman, whole-time director and chief financial officer. According to industry experts, one MW of capacity requires spending of ₹50 crore to ₹70 crore, depending on the site; hence, 200 MW requires a minimum of ₹10,000 crore investment.
This story is from the October 31, 2025 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
India’s women cricket team knock ad rates out of the park
Spot rates for Sunday's final match zoom 40% as win against Australia catches nation's imagination
2 mins
November 01, 2025
Financial Express Mumbai
Next wave of hiring in India to be defined not by degrees, but job readiness: Report
AS THE WORKPLACE is witnessing rapid technological transformations, the skills and competencies needed for success are also changing and soft skills such as communication and critical thinking are being prioritised across industries, a senior executive of a digital recruitment platform said.
1 min
November 01, 2025
Financial Express Mumbai
Apple’s India revenue at a new high
APPLE HITAN all-time high revenue record in India during the July-September quarter, underscoring the growing importance of the country in the iPhonemaker’s global strategy.
1 mins
November 01, 2025
Financial Express Mumbai
Air India seeks ₹10K cr from owners for system upgrade
UNPROFITABLE AIR INDIA is seeking at least ₹10,000 crore ($1.1 billion) in financial support from its owners Tata Sons and Singapore Airlines, said people familiar with the matter, as the airline grapples with the aftermath of a deadly plane crash among other challenges.
2 mins
November 01, 2025
Financial Express Mumbai
Govt’s capex up 40% in H1, fiscal deficit widens
THE CENTRE'S FISCAL deficit came in at 36.5% of the annual target in the first six months of 2025-26, compared with 29.4% in the year-ago period, largely due to a surge in capital expenditure while net tax revenues continued to contract.
1 mins
November 01, 2025
Financial Express Mumbai
Ford lines up ₹3,250-crore plan to restart Chennai plant
THE FORD MOTOR Company on Friday confirmed that it will commence powertrain manufacturing operations at its Maraimalai Nagar plant near Chennai with an initial investment of ₹3,250 crore, marking a significant step in its renewed engagement with India.
2 mins
November 01, 2025
Financial Express Mumbai
Fight for deposits pushes Sept rates up
THE PRESSURE TO garner deposits saw rates inching up in September — the first time since the Reserve Bank of India (RBI) began its rate cut cycle in February.
1 mins
November 01, 2025
Financial Express Mumbai
Huang's outing heats up Korea's fried chicken stocks
JENSEN HUANG'S MIDAS touch extends to Korean fried chicken.
1 min
November 01, 2025
Financial Express Mumbai
NHAI targets ₹40,000 cr via monetisation in FY26
IRB’s ₹9,200 cr top bid for first TOT asset this year
2 mins
November 01, 2025
Financial Express Mumbai
...Trump touts rare-earth win
DONALD TRUMP SOUNDED triumphant afterwards. But in his first meeting with Chinese counterpart Xi Jinping since returning to office in January, the US president had to give at least as much as he got.
1 min
November 01, 2025
Listen
Translate
Change font size

