Praj GenX, Subsidiary of Praj Industries, Expands with Global Supply Agreement for Hyperscale Data Centers
Praj GenX, a subsidiary of Praj Industries, has secured a US$52 million supply agreement to manufacture components for hyperscale data centers. The project will be executed over two and a half years at their Industry 5.0 facility in Mangaluru.
Why it matters
This deal highlights the growing industrial demand for infrastructure supporting AI and cloud computing, signaling a shift in manufacturing focus toward digital infrastructure.
Pune, Maharashtra, India – Business Wire India
Praj GenX Ltd., a wholly owned subsidiary of Praj Industries Limited, has signed an exclusive framework supply agreement with a leading global engineering, procurement and construction (EPC) company to manufacture and supply precision fabrication components and modules for hyperscale data center infrastructure projects. The agreement marks Praj GenX’s entry into the rapidly growing data center sector. The agreement is one of the long-term Framework Agreements, that Praj GenX is pursuing with its global customers in various industrial sectors.
Under the agreement, Praj GenX will serve as the preferred supplier for identified product categories that will ultimately be deployed in hyperscale data center projects executed by the EPC company. It provides for a minimum committed business value of US$52 million (around INR 500 crore), with supplies to be executed in multiple tranches over the next two and a half years.
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