Team siliconindia

• TCS partners with TPG to create AI and Sovereign Data Centres in India.
• The joint venture, HyperVault AI Data Centre Ltd, will see a total investment of Rs 18,000 crore.
• Facilities will support large-scale AI workloads and future infrastructure growth in India.

Tata Consultancy Services (TCS) has joined forces with private equity firm TPG Terabyte Bidco to launch HyperVault AI Data Centre Ltd, a joint venture aimed at building multiple AI and Sovereign Data Centres in India. TCS will hold a 51% stake, while TPG will invest up to Rs 8,820 crore for a 27.5-49% shareholding. The total investment in the project is pegged at around Rs 18,000 crore.

The venture is designed to meet the rapidly growing demand for AI solutions in India and will support both AI and non-AI workloads. The planned data centres will exceed one gigawatt (GW) in capacity, contributing to India’s expected data centre expansion from the current 1.5 GW to over 10 GW by 2030. HyperVault will feature liquid-cooled, high-density racks and energy-efficient systems with strong connectivity across major cloud regions.

N. Chandrasekaran, Chairman of TCS, highlighted the strategic significance of the venture, emphasizing that it will strengthen partnerships with hyperscalers and AI companies while enhancing TCS’s global AI service capabilities. This marks TCS’s first collaboration with a private equity firm for equity alongside external debt, signaling a new approach to financing large-scale infrastructure projects.

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The partnership also reflects TPG’s continued interest in the Tata Group, following collaborations with Tata Motors’ EV division and Tata Technologies. With HyperVault, TCS aims to accelerate its leadership in AI-driven technology services and deliver cutting-edge solutions to businesses worldwide.