{
  "id": 7905294,
  "title": "EQT plans to invest $50 bn in India by 2030",
  "url": "https://urgent.news/2026/09/17/eqt-plans-to-invest-50-bn-in-india-by-2030",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T00:00:00.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/company/corporate-trends/eqt-group-plans-to-invest-50-billion-in-india-by-2030-jean-eric-salata-chairman/articleshow/134295902.cms"
  },
  "original_language": "en",
  "account": "EQT, a Swedish buyout group, intends to invest $50 billion in India by 2030, with a focus on data centers, renewable power, and infrastructure projects. The firm plans to deploy $2 billion annually for this purpose, making it a significant increase from the $26 billion it has already invested since 1998 through 30 investments. EQT-backed EdgeConneX formed a 50:50 joint venture with Adani Group to build and deliver green data center capacity in India, and the company is developing hyperscale and edge data centers in major hubs such as Chennai, Navi Mumbai, Noida, Vizag, and Hyderabad. EQT aims to ramp up capacity to 3 GW by 2030, with a capex that is triple the amount spent so far. Additionally, EQT has an aspirational plan to scale up to 5 GW in the future. The firm also has a joint venture with Temasek and created a 4.7 GW renewable energy platform, O2 Power, which it sold to JSW Energy in 2025. EQT's returns hit a record last year, with $40 billion in distributions returned to clients, equivalent to about 30% of the net asset value. The firm raised a record $15.6 billion BPEA IX in April, making it the region's largest private equity fund, despite global volatility. EQT sees substantial opportunities in India, with the country's total buyout volumes last year being less than $15 billion, and secondary deals alone estimated at $30 billion.",
  "summary": null,
  "key_points": [
    "EQT plans to invest $50 billion in India by 2030.",
    "$2 billion annual investment, tripling capex from current levels.",
    "Joint venture with Adani Group for green data centers in major hubs."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}