India's Chatterjee Group Launches Cortex DC to Develop 2GW of AI-Ready Data Center Capacity

The Chatterjee Group (TCG), a New York-headquartered private equity and industrial holding conglomerate, has launched a new data center platform in India targeting 2GW of capacity, as the country races to build out digital infrastructure capable of supporting surging artificial intelligence and cloud computing workloads.

Cortex DC, the AI subsidiary of TCG, announced this month that it is entering the data center sector with plans to develop 2 gigawatts of capacity across India. The platform is aimed at meeting rising demand for high-performance computing driven by AI adoption and cloud expansion, according to the company. TCG is targeting operational readiness for its first data center within 18 months of breaking ground, though full details of the planned rollout have not been disclosed. Local press reports indicate the company will rely on TCG's existing land parcels for development.

Cortex DC said it plans to source 51 percent of its energy from green sources, a commitment that aligns with growing industry pressure to reduce the carbon footprint of power-intensive data center operations. "Cortex DC is being built in India for the globe, set up to serve both local and global customers. It aims to deliver the scale, resilience, power availability, and connectivity that international enterprises, cloud service providers, and AI innovators demand," said Rahul Sharma, CEO of Cortex DC. "Our ambition is to provide globally competitive, AI-ready infrastructure that establishes India as a premier destination for the world's most demanding compute workloads. We see Cortex DC as a catalyst of India's emergence as a global AI and digital infrastructure hub."

TCG, founded in 1989 by Dr. Purnendu Chatterjee, has deployed more than $4 billion in capital across petrochemicals, life sciences, technology, financial services, and real estate spanning North America, Europe, and Asia. "For three decades, TCG has built knowledge-based businesses through strategic long-term investments, with an overriding focus on value creation. Cortex DC extends that philosophy to the digital backbone of the Intelligence Age," said Dr. Chatterjee, TCG's founder and chairman. "We are building it with speed, at scale, and with a commitment to responsible energy, in the belief that India's economic development will be shaped by the infrastructure it builds today."

The launch comes amid a broader wave of data center investment in India, with global technology companies and domestic conglomerates alike seeking to capture demand from AI-driven compute. The 2GW target positions Cortex DC among the more ambitious entrants in India's fast-growing market, where power availability and connectivity remain critical determinants of project viability. For TCG, the venture represents a strategic extension of its long-term investment philosophy into digital infrastructure, betting that India's economic trajectory will be increasingly defined by the compute capacity it builds.