Mukesh Ambani to Build World's Largest Data Centre in Gujarat

25 Jan 2025 CW Team

Reliance Industries, led by Mukesh Ambani, plans to construct the world’s largest data center in Jamnagar, Gujarat, as part of its broader push into the artificial intelligence (AI) sector in India, according to a Bloomberg report.

The project will involve the use of AI semiconductors supplied by NVIDIA, a global leader in AI technology. In October 2024, Reliance and NVIDIA announced plans to develop AI infrastructure in India, with NVIDIA providing its Blackwell AI processors for a one-gigawatt data center being built by Reliance.

In September 2024, the two companies also revealed a partnership to create AI supercomputers in India and develop large language models (LLMs) tailored to India’s diverse linguistic landscape. NVIDIA later entered a similar collaboration with the Tata Group, emphasising its commitment to advancing India’s AI ecosystem.

The Indian government has pledged over Rs 100 billion to support AI startups, projects, and LLM development as part of its AI ambitions. However, challenges persist. India’s chipmaking industry remains nascent, and establishing semiconductor fabrication facilities is both capital-intensive and time-consuming. Additionally, the country is still building the skilled workforce necessary to operate such facilities, and it has yet to produce its first domestically manufactured chip.

(ET)

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..