From Financialexpress · Raghavendra Kamath · · 1m
Thermax CEO on data centres and biomass growth
Thermax CEO says data centres will be one of largest segments for growth.
In brief
Thermax CEO says data centres will be one of largest segments for growth. Thermax expects data centres to become one of its largest business segments within two to three years, with current biomass business growing from Rs 100 crore to Rs 600 crore. Originally reported by Financialexpress.
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Biomass business grows to Rs 600 crore
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Data centres expected to be major growth segment
Thermax expects data centres to become one of its largest business segments within two to three years, with over 30% of orders international.
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The West Asia crisis disrupted shipping and increased freight rates, affecting revenues but expected to generate pent-up demand once conflict ends.
The headline
Thermax expects data centres to become one of its largest business segments within two to three years, with current biomass business growing from Rs 100 crore to Rs 600 crore.
