Schneider Electric bets on India data center boom to outpace core business
Schneider Electric expects its India data center operations to grow faster than the company's broader business in the country over the next four to five years, driven by demand for AI infrastructure.
Data centers currently represent 15% to 20% of Schneider Electric's India revenue and are growing at double-digit rates, according to Sumati Sahgal, vice-president for Secure Power and Data Centres at the company's Greater India Zone. The segment will become a significantly larger part of the business, she said.
India's data center capacity could reach 6 to 7 gigawatts by 2030, up from 1.5 gigawatts today. Investment is spreading beyond traditional hubs like Mumbai and Chennai into states including Gujarat and Rajasthan as companies build facilities closer to customers.
The country's data center market is projected to reach $31.36 billion by 2035, with a compound annual growth rate of 13.37%, according to market research firm Astute Analytica.
What's driving the expansion
Hyperscalers, colocation operators, and enterprises are all seeking integrated infrastructure and services. India is emerging as both a consumption and manufacturing hub for data center equipment, Sahgal said.
Schneider Electric supplies the full range of data center infrastructure: UPS systems, switchgear, power distribution units, precision cooling systems, and energy management software. The company manufactures locally through its India-listed entity, Schneider Electric Infrastructure.
Data centers and grid modernization rank among the company's strongest growth priorities in the region.
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