According to a senior executive, Schneider Electric expects its Indian data center business to outpace its broader operations in the country in the next four to five years due to growing demand for AI-ready infrastructure.
Data centers currently account for 15 percent to 20 percent of Schneider Electric’s India business and are growing at a double-digit pace, with the company expecting the segment to become a much larger share, Sumati Sehgal, vice president of secure power and data centers, Greater India zone, told Reuters in an interview on Friday.
“This business will contribute to growth at a much faster pace than the rest of the core businesses,” Sehgal said. He said data center and grid modernization will be one of the company’s strongest growth themes.
According to Astute Analytica, India’s data center market is projected to reach $31.36 billion by 2035, growing at a compound annual growth rate of 13.37 percent.
Sehgal said India’s data center capacity could grow from 1.5 gigawatts currently to 6-7 gigawatts by 2030, with investment spreading beyond Mumbai and Chennai into states like Gujarat and Rajasthan as companies build capacity closer to customers.
He said India is emerging as a consumption and manufacturing hub for data center power and cooling equipment, with demand coming from hyperscalers, colocation operators and enterprises seeking integrated infrastructure and services.
Schneider Electric supplies critical data center infrastructure, including UPS systems, switchgear, power distribution units, precision cooling and energy management software, positioning it as a leading vendor as AI workloads drive demand for efficient and reliable digital infrastructure.
The company covers the full range of data center needs, from power and cooling to software and services, and manufactures locally.
Schneider Electric Infrastructure, its India-listed unit, makes power distribution equipment including transformers and switchgear, while its broader India business extends to energy management, automation and digital infrastructure.