India's First AI SEZ to Rise in Nava Raipur with Rs 10 Bn Investment
Technology

India's First AI SEZ to Rise in Nava Raipur with Rs 10 Bn Investment

The project will be undertaken by Indore-based RackBank Datacenters, a carbon-neutral data centre company, with an investment of Rs 10 billion. According to a commerce ministry order cited by the Chhattisgarh government, the SEZ will feature cutting-edge infrastructure to support AI research, development, and deployment.

Spanning six acres, the RackBank Data Center SEZ will include a 1.5 lakh square foot facility equipped with high-performance servers and systems designed to support AI technologies and extensive digital operations. The zone is being envisioned as a digital command centre for the nation, with plans to establish four high-density data centres offering a combined capacity of 80 megawatts—enough to sustain digital infrastructure across several Indian states.

The government noted that the SEZ would enjoy tax benefits and regulatory ease under the SEZ policy framework, thereby creating a conducive environment for both global and domestic enterprises to engage in advanced AI development and data-centric innovation.

The AI SEZ is anticipated to host operations of major global tech firms, including Google, OpenAI, Microsoft, and Meta. For the first time, India is poised not only to consume AI services developed abroad but also to emerge as a centre for their creation, hosting, and large-scale delivery.

Beyond its technological and economic implications, the project is also expected to have a profound social impact. It aims to offer young talent from remote districts like Kanker, Sukma, Bilaspur, and Dantewada the opportunity to relocate to Raipur and access world-class employment prospects—potentially curbing the need for migration to metros such as Bengaluru or seeking jobs overseas.

News source: Mint

The project will be undertaken by Indore-based RackBank Datacenters, a carbon-neutral data centre company, with an investment of Rs 10 billion. According to a commerce ministry order cited by the Chhattisgarh government, the SEZ will feature cutting-edge infrastructure to support AI research, development, and deployment.Spanning six acres, the RackBank Data Center SEZ will include a 1.5 lakh square foot facility equipped with high-performance servers and systems designed to support AI technologies and extensive digital operations. The zone is being envisioned as a digital command centre for the nation, with plans to establish four high-density data centres offering a combined capacity of 80 megawatts—enough to sustain digital infrastructure across several Indian states.The government noted that the SEZ would enjoy tax benefits and regulatory ease under the SEZ policy framework, thereby creating a conducive environment for both global and domestic enterprises to engage in advanced AI development and data-centric innovation.The AI SEZ is anticipated to host operations of major global tech firms, including Google, OpenAI, Microsoft, and Meta. For the first time, India is poised not only to consume AI services developed abroad but also to emerge as a centre for their creation, hosting, and large-scale delivery.Beyond its technological and economic implications, the project is also expected to have a profound social impact. It aims to offer young talent from remote districts like Kanker, Sukma, Bilaspur, and Dantewada the opportunity to relocate to Raipur and access world-class employment prospects—potentially curbing the need for migration to metros such as Bengaluru or seeking jobs overseas.News source: Mint

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement