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L&T Vyoma, the digital infrastructure arm of Larsen & Toubro, is expanding its AI-ready data centre business

ICICIdirect Research 20 Jul 2026 DISCLAIMER

News: L&T Vyoma, the digital infrastructure arm of Larsen & Toubro, is expanding its AI-ready data centre business, with its 30 MW Chennai campus upgraded into an AI factory through a partnership with Nvidia deploying H100, H200 and Blackwell GPUs. The company currently operates 30 MW in Chennai and 2 MW in Panvel, with plans to add around 200 MW across Chennai, Panvel, Mahape and Bengaluru. Backed by L&T's ₹10,000 crore data centre commitment, L&T Vyoma plans to invest around ₹9,000 crore in FY27, while increasing renewable energy usage beyond the current 40% through BESS and renewable PPAs.

View: The expansion strengthens L&T's presence in the fast-growing AI data centre infrastructure segment, supported by rising demand for GPU-enabled facilities from hyperscalers and enterprise customers. The planned capacity addition and investment pipeline enhance long-term growth visibility for L&T's digital infrastructure business while creating opportunities across EPC, power infrastructure and energy storage solutions.

Impact: Positive

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