Sify Technologies launched 11 data centres in 12 months and is targeting a 2026 IPO, riding strong demand from AI workloads, cloud growth, and data localisation rules.

Sify adds 11 data centres in a year, targets 2026 IPO as AI demand surges

India's Digital Infrastructure Sees Boost with Sify Technologies' Expansion

Raju Vegesna, CMD of Sify Technologies, announced at the India AI Impact Summit 2026 that the company has successfully launched 11 new data centres in the past 12 months. Furthermore, Sify Technologies is now targeting an Initial Public Offering (IPO) in 2026.

Company Expansion and Government Support

The expansion comes at a critical time when rising AI workloads, increasing cloud demand, and data localisation requirements are transforming India's digital infrastructure needs.
Sify Technologies' announcement aligns with supportive policy measures aimed at enhancing the country's digital infrastructure.

Government Supportive Policy Measures

The government extended tax incentives for data centre infrastructure through Budget 2026. Key benefits include:

Continued benefits under Section 80-IA for infrastructure status projects
Concessional customs duties on certain imported server and networking equipment
Accelerated depreciation benefits aimed at reducing upfront capital burdens

Boost to Domestic Cloud and AI Infrastructure

The Budget also reinforced support for domestic cloud and AI infrastructure as part of the broader digital public infrastructure push.

Positive Impact on Data Centre Operators

For data centre operators, these measures lower capital costs and improve project viability, particularly in a sector where upfront investments are high and returns are back-ended.