Leading Provider of Equity and Investment Research

GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

India Data Center Monthly: Geopolitics, Gujarat's 7.5 GW Bid, and a Capex Supercycle Taking Shape

Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Thematic (Sector/Industry)

India Technology hardware, storage and peripherals / Thematic (Sector/Industry)

<ul>
<li>H1 2026 supply jumped 59.3% YOY to 258 MW and absorption rose 31.1% to 278 MW.  Hyperscalers accounted for over 80% of demand.</li>
<li>Capital is migrating toward public markets. Yotta targets a Q1 2027 IPO at up to US$6bn valuation, while EQT earmarks US$30bn for Indian data centers.</li>
<li>Hyderabad is the re-rating story - 4.9% of stock today, projected at 33% by 2030 (Savills), anchored by TCS HyperVault's 1 GW campus and Microsoft.</li>
</ul>


H1 2026 supply jumped 59.3% YOY to 258 MW and absorption rose 31.1% to 278 MW.  Hyperscalers accounted for over 80% of demand.
Capital is migrating toward public markets. Yotta targets a Q1 2027 IPO at up to US$6bn valuation, while EQT earmarks US$30bn for Indian data centers.
Hyderabad is the re-rating story - 4.9% of stock today, projected at 33% by 2030 (Savills), anchored by TCS HyperVault's 1 GW campus and Microsoft.


India Data Center Monthly (September 2026): Supply Surges, and Yotta Tests the Public Market