loading
loading
Tata Communications plans $450 million investment for India's 'AI Super Highway' - Published OnOct 26, 2026 | 13:57 IST - Last Updated OnOct 26, 2026 | 16:56 IST 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 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 Lakshminarayanan 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. The company plans a capital expenditure of ₹4,350 crore for the project, which will be funded through operating cash flows. The expansion is expected to add around 6 petabits per second (Pbps) of network capacity between FY30 and FY36. Tata Communications' existing network capacity stands at 1.25 Pbps, with utilisation at around 70–80%. The project will be rolled out in a phased manner. The first phase will be the Mumbai-Pune-Hyderabad-Chennai corridor, a key AI and hyperscale growth route. Subsequent expansion will include the east coast and western India, including Vizag, Bhubaneswar, Jamnagar and GIFT City. The AI corridors and data centre clusters will be linked with the international cable landing stations. The target customers for this include: - Hyperscalers and neocloud providers - AI workloads and digital-native businesses - GCCs, enterprises and emerging cloud platforms. Tata Communications MD and CEO Ganesh Lakshminarayanan said he sees the India data centre-to-data centre connectivity market exceeding $1 billion in size over the medium term. He said a growing part of its expansion is backed by anchor customer commitments. The company's CPTO and global business head - network services, Rupesh Chokshi, said the AI economy needs more compute. It needs a network built for speed, scale and resilience, he added. Shares of Tata Communications closed 1.56% higher at 1,680.2 apiece. The stock has declined 7.6% in 2026, so far. Also Read: APL Apollo Tubes Q2 Results: Profit, revenue rise over 26%; EBITDA beats estimate For more, watch the accompanying video
document fetched 2026-10-27 02:57 · canonical https://cnbctv18.com/market/tata-communications-share-price-building-india-ai-super-highway-400-to-450-million-dollar-investment-target-customer-network-20019250.htm