$22B Data Centre Boom in India
Your daily bite of business & market news 🗞️
🗞️ India’s Data Centre Market to Reach $22B by 2030
India’s data centre market is projected to reach $22 billion by 2030.
The expansion is being driven by AI adoption, cloud demand, and exponential data consumption.
💬 Expert Take — “Data centres are no longer a niche asset class. They are becoming foundational to how economies scale digitally.”
🗞️ Infrastructure Spending Rises Sixfold Since 2014
India’s infrastructure spending has grown sixfold to $128.56 billion.
This sustained push continues to support long-term economic growth and capacity creation.
🗞️ Mutual Fund AUM Crosses $790B in FY26
India’s mutual fund AUM rose 12.2% to $790 billion in FY26.
The rise reflects increasing financialisation of savings and retail investor participation.
🗞️ Pharma Sector Calls for Faster Innovation Push
At India Pharma 2026, industry leaders called for better funding and faster innovation cycles.
The focus is on strengthening India’s position in global pharma value chains.
🗞️ Luxury Car Market Share May Double by 2030
India’s luxury car market is expected to double its share to 5% by 2030.
The shift reflects rising affluence and premium consumption trends.
🗞️ L&T Targets 3x Growth in Nuclear Energy
L&T aims to triple its nuclear energy revenues over the next five years.
The move aligns with India’s long-term clean energy roadmap.
💬 Expert Take — “Nuclear is emerging as a strategic complement to renewables, especially for stable base-load power.”
🗞️ Trade Deficit Narrows to $20.98 Billion
India’s trade deficit narrowed to $20.98 billion in March.
The improvement reflects stronger export performance and controlled imports.
🗞️ Wholesale Inflation Hits 3.88%
India’s wholesale inflation rose to 3.88%, a 12-month high.
The increase indicates rising input cost pressures across sectors.
🗞️ Gold Prices Ease Amid Global Developments
Gold prices eased from recent highs as geopolitical tensions softened.
The decline reflects reduced safe-haven demand.
📊 Market Update
📈 Sensex: 78,111.24 ▲ 1,263.67 pts (+1.64%)
📈 Nifty 50: 24,231.30 ▲ 388.65 pts (+1.63%)
🪙 Gold (per gram): 24K ₹15,535 ▲ ₹142 | 22K ₹14,240 ▲ ₹130
🥈 Silver: ₹270/g ▲ ₹15 | ₹2,70,000/kg ▲ ₹15,000

