JM Financial Services Hosts Data Centre Day for Clients

JM Financial Services Hosts Data Centre Day for Clients

JM Financial Services hosted an invitation-only “Data Centre Day” for its clients, bringing together companies from India’s data centre and digital infrastructure sector to discuss industry trends and investment opportunities.

The event featured presentations from companies across the data centre value chain, including Mapletree Investments, iValue Infosolutions, Blackbox Ltd, Sterlite Technologies Ltd and HFCL Ltd. According to the company, the session provided clients with insights into sector growth strategies, infrastructure developments and the outlook for the industry.

Participants discussed factors driving demand for data centre capacity in India, including the growth of digital consumption, rising cloud adoption and increasing demand for artificial intelligence computing infrastructure. Industry estimates cited at the event noted that India’s current data centre capacity of about 1,000 megawatts may need to expand to more than 3,000 megawatts by 2027 to meet projected demand.

The event also highlighted government initiatives supporting digital infrastructure, including national policies related to data centres and digital infrastructure development. Companies presenting at the session outlined their assets, business strategies and growth outlook to attending clients.

Krishna Rao, Managing Director for Equity Broking at JM Financial Services, said the firm aims to provide clients with direct access to companies and sector insights that can inform investment decisions.

JM Financial Services provides brokerage, wealth management and investment services to individuals, institutions and corporates. The firm operates through a network of branches and franchise locations across India and offers trading and advisory services through its platforms.