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Netweb Technologies India Ltd
AI & HPC Push - Could India Become a Global Supercomputing Hub ?
Netweb Technologies India Limited is rapidly positioning itself as a leader in high-end computing, AI-ready infrastructure, and cloud solutions in India. With a strong “Make in India” focus, proprietary technology, and a recently commissioned Faridabad manufacturing facility, the company posted ~58–60% YoY revenue growth in FY24-25, highlighting its rising role in domestic and global HPC and AI infrastructure markets.
Leading India’s High-End Computing Drive
Netweb Technologies is an Indian OEM designing, manufacturing, and selling high-end computing solutions, including supercomputers (HPC), private & hybrid cloud systems, hyper-converged infrastructure (HCI), enterprise workstations, AI systems, data center servers, storage, and network switches. Headquartered in Faridabad, Haryana, the company emphasizes indigenous hardware and tech development under the “Make in India” initiative.
Innovative Products & Strategic Partnerships
Netweb offers proprietary middleware, pre-compiled application stacks, and branded systems under Tyrone Skylus. The company has expanded into network switches and 5G ORAN appliances while collaborating with leading processor partners Intel, AMD, and NVIDIA—for AI/accelerator infrastructure. This positions Netweb as a critical player in India’s AI and cloud-ready computing ecosystem.
Manufacturing & Operational Strength
In May 2024, Netweb commissioned a ₹35 crore flagship manufacturing facility in Faridabad. The facility handles design, production, and testing of servers, storage, and switches, with PCB and SMT lines. At full capacity, the facility can support revenues up to ₹2,000 crore, reinforcing the company’s ability to scale rapidly while maintaining domestic manufacturing leadership.
Financial Growth & Performance
Netweb’s revenue for FY24-25 was ~₹11,490 million, up from ~₹7,241 million the previous year, reflecting strong YoY growth of ~58–60%. Gross margins have improved, supported by operational scale and product mix efficiencies, despite higher cost of revenue. This financial performance underscores the market demand for high-end computing and AI infrastructure solutions in India.
Governance, Ownership & Strategic Edge
Originally incorporated in 1999 and public since 2022, Netweb benefits from an experienced board and leadership team. Government initiatives such as “Make in India” and PLI schemes support its domestic manufacturing and expansion strategy, enhancing its competitive positioning.
Investor Takeaways
Netweb’s diversified product portfolio, rising domestic demand for AI/HPC/cloud infrastructure, and indigenous manufacturing capabilities make it a compelling growth story. Key risks include chip supply dependencies, high capex, and working capital requirements, but strong execution and sustained demand could drive significant long-term growth for the company.
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