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The Economic Times
The Economic Times

India's power transmission expansion, data centre demand to drive capital goods growth: Report

Data Centres India Renewable Energy

New Delhi: India's expanding power transmission network and rising demand from data centres are expected to create significant opportunities for the engineering and capital goods sector, with High-Voltage Direct Current (HVDC) technology emerging as an important growth driver, according to a report by 360 ONE Capital.

The report highlighted that rising renewable energy integration, grid modernisation and increasing electricity requirements from data centres could support demand for power equipment over the coming years.

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