HCLTech, Sarvam to set up AI Data Center in Odisha with Rs 14,257 crore investment
New Delhi, July 24 -- HCLTech on Friday announced that it will set up its first AI Data Center in the upcoming Odisha Sovereign AI Park in partnership with AI startup Sarvam and the Government of Odisha, with a planned capital outlay of Rs 14,257 crore, including financial assistance from the state government.
According to a company regulatory filing enclosing a press release issued under SEBI's Listing Regulations, the proposed AI Data Center will be established as part of HCLTech's recently announced entry into the full-stack AI market. The company said, "The planned capital outlay for the project will be Rs 14,257 crores, including financial assistance from the Government of Odisha."
The release said, "This investment will boost Indi...
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