Swedish PE Giant Doubles Down on India With $50 Billion Investment Plan
What Happened
EQT Group, the Swedish private equity firm, has announced plans to invest $50 billion in India by 2030, with $30 billion earmarked for data centres. The remaining investment will be split between renewable energy and private equity opportunities. EQT said India is one of its most important global markets and expects data-centre capacity through its platforms, including EdgeConneX and AdaniConneX, to expand significantly as AI and cloud demand surge.
Key Takeaways
The investment highlights growing global confidence in India’s digital infrastructure story. With AI adoption accelerating, data centres are emerging as a major investment theme, positioning India as a key hub for cloud computing, AI workloads, and digital services.