Archive · 24 Sep 2025
Hidden Stocks: Data Center Boom Drives $30 Billion Investment
India is investing a lot of money to build more data centers, like giant warehouses for storing digital information.
This expansion is driven by the need to support the growth of AI, cloud computing, and the ever-increasing amount of online data.
While well-known companies are involved, this article highlights three 'hidden' companies that provide essential services: Kirloskar Oil Engines (backup power), Bajel Projects (electrical infrastructure), and KRN Heat Exchanger (cooling systems).
These companies are positioned to profit from the data center boom.
India's data center market is projected to see $30 billion in investments.
Data center capacity in India has grown to 1.26 GW in April 2025.
Jefferies estimates capacity will quintuple to 8 GW in the next five years.
Kirloskar Oil Engines supplies generators to data centers.
Bajel Projects provides electrification solutions for data centers.
- Who
- Kirloskar Oil Engines, Bajel Projects, and KRN Heat Exchanger
- What
- Highlighting companies that stand to benefit from the expansion of India's data center capacity.
- When
- Current
- Where
- India
- Why
- Driven by the growth of cloud computing, AI, and data generation.
- Data Center Investment
- $30 billion
- Data Center Capacity (April 2025)
- 1.26 gigawatts (GW)
- Data Center Capacity (2018)
- 0.3 GW
- Projected Capacity Increase
- 5x in 5 years to 8 GW
- Kirloskar Oil Engines
- Supplies generators, backup solutions, and related systems.
- Bajel Projects
- Offers EPC solutions for data center electrification.
- KRN Heat Exchanger
- Manufactures heat exchangers for HVAC, including data centers.
