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TCS Share Price in Focus; In Advanced Talks with Global Tech Giants for AI Data Centres in India

Written by: Team Angel OneUpdated on: 6 Mar 2026, 10:09 pm IST
TCS CEO says the company is in advanced talks with global hyperscalers to build AI data centres in India as demand may reach 10 GW by 2030.
TCS Share Price in Focus; In Advanced Talks with Global Tech Giants for AI Data Centres in India
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Tata Consultancy Services (TCS) is in advanced discussions with several global hyperscale technology companies to develop artificial intelligence data centres in India, as per Bloomberg report.  

Chief Executive Officer Krithivasan said the company is currently holding talks with multiple technology players regarding potential partnerships, as per report. 

Following OpenAI Data Centre Agreement 

The discussions follow a recent agreement between TCS and OpenAI to build AI data centres in the country.  

The company is exploring additional collaborations as demand for computing capacity linked to artificial intelligence continues to grow. 

Data Centre Capacity Gap in India 

According to Krithivasan, India could require nearly 10 gigawatts of AI data centre capacity by 2030. Current announcements account for only around 5-6 gigawatts, leaving a sizeable shortfall. 

The company believes additional infrastructure will be required as businesses adopt AI tools across sectors such as banking, retail, and telecommunications.  

Data centres play a key role in supporting the computing power needed for large-scale AI workloads. 

Details of the OpenAI Collaboration 

At the AI Impact Summit held in India in February, TCS announced plans to work with OpenAI on building facilities ranging from 100 megawatts to 1 gigawatt in capacity. 

Industry estimates indicate that constructing a 1-gigawatt data centre could cost between $35 billion and $50 billion.  

TCS expects its share of investment in such projects to be around $1 billion, with private equity firm TPG Inc. expected to commit a similar amount. The remaining capital is likely to be raised through debt. 

Broader AI Services Strategy 

The company plans to combine data centre infrastructure with technology services linked to artificial intelligence. This may include areas such as model training, AI applications and automation tools used by corporate clients. 

TCS has also been demonstrating AI-based concepts at its London innovation hub. One example involves a digital model of a human heart created using athlete data to simulate responses to different training programmes. 

Workforce and Hiring Plans 

TCS currently employs about 600,000 people worldwide. The company hired roughly 85,000 employees in 2025 and has already issued around 20,000 job offers for 2026. 

The firm indicated that future recruitment could involve a wider mix of skills, including roles combining technology knowledge with business and creative skills. 

Tata Consultancy Services (TCS) Share Price Performance  

As of March 6, 2026, 9:45 am, Tata Consultancy Services (TCS) share price was trading at ₹2,607.50, a 1.11% increase from the previous closing price. 

Read MoreTech Mahindra Share Price in Focus Following Joint Launch of AI-Powered Telecom Data Platform with Microsoft! 

Conclusion 

India’s expected growth in artificial intelligence adoption is likely to increase demand for large-scale data centre infrastructure. Several projects have already been announced, though capacity requirements may expand further by the end of the decade. TCS is holding discussions with technology partners as part of this broader development. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 6, 2026, 10:00 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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