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✦Reported by cnbctv18

Tata Communications plans $450 million investment for India's 'AI Super Highway'

Tata Communications plans $450 million investment for India's 'AI Super Highway'
Source: cnbctv18

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Tata Communications plans a $450 million investment to build India's "AI Super Highway." On Monday, October 26, the company said this project will add 10,000 km of new fibre.
  • ✓MD Ganesh Lakshminarayanan said, "The India data centre to data centre connectivity is a market that should exceed $1 billion."

Story at a Glance

Category
MARKET
Reported By
cnbctv18
Reading Speed
2 Minute(s)
Market Focus
India Economy

The project will be rolled out by Tata Communications in a phased manner. The first phase will be the Mumbai-Pune-Hyderabad-Chennai corridor, a key AI and hyperscale growth route.

Tata Communications Ltd. announced that it will be building AI-ready connectivity infrastructure, which it calls India's "AI Super Highway", and has also planned an investment of $400 million to $450 million for the same.

In an interaction with CNBC-TV18 on Monday, October 26, the company's MD & CEO Ganesh Lakshminarayan said the "AI Super Highway" will include around 10,000 km of new long-haul fibre across India. It will be one of the country's largest AI-ready connectivity networks. The same will also be integrated with Tata Communications' global network backbone for end-to-end connectivity.

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Tata Communications plans $450 million investment for India's 'AI Super Highway' | ArthNow