National, October 22, 2026: Cortex DC, the AI-focused subsidiary of The Chatterjee Group (TCG), has announced plans to develop 2 GW of AI-ready data centre capacity across India, targeting the rising demand for high-performance computing driven by AI and cloud adoption. The company aims to have its first facility operational within 18 months of groundbreaking, with 51% of its energy to be sourced from green energy.
The initiative marks TCG’s entry into the data centre sector, with Cortex DC positioned to serve hyperscalers, cloud service providers, and advanced AI workloads. The platform, developed over several months, has advanced site, power, and partner workstreams, and is built around priorities of speed, scale, and sustainable power.
Operational timeline and energy mix
Cortex DC is targeting an accelerated development schedule, with operational readiness for its first data centre within 18 months of the initial shovel. The company’s infrastructure strategy includes sourcing 51% of its energy needs from renewable sources.
The company has assembled a leadership team with experience in engineering, construction, and critical infrastructure. Rahul Sharma, Chief Executive Officer of Cortex DC, brings over 25 years of experience in engineering, construction, and digital infrastructure, including involvement in GW-scale data centre projects across India.
Leadership and board composition
Cortex DC’s Supervisory Board is chaired by Vinayak Pai, who has more than 30 years of global engineering and project execution experience. Board members include senior TCG leaders Samik Mukherjee, Jeremy Ghose, Debu Bhattacharya, and Sujoy Choudhury, with expertise spanning energy, finance, strategy, technology, and industrial development.
Dr. Purnendu Chatterjee, Founder and Chairman of TCG, said the initiative extends TCG’s philosophy of value creation to the digital backbone of what he describes as the “Intelligence Age.” “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,” Chatterjee said.
Market ambitions and economic impact
Rahul Sharma, CEO of Cortex DC, stated, “Cortex DC is being built in India for the globe, set up to serve both local and global customers. 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.”
Vinayak Pai, Chair of the Board, added that Cortex DC aims to bring global standards of engineering and governance to infrastructure that will anchor India’s digital economy and attract international technology leaders.
Beyond data centre development, Cortex DC projects are expected to contribute to regional economic activity through direct and indirect employment in construction, engineering, supply chains, facility operations, and associated services. The company views its investments as part of the broader infrastructure ecosystem supporting India’s digital economy and attracting global technology investment.
About Cortex DC and The Chatterjee Group
Cortex DC is a TCG Enterprise focused on developing digital infrastructure for AI, cloud, and enterprise workloads. The Chatterjee Group, founded in 1989 and headquartered in New York, has over $4 billion in deployed capital across sectors including petrochemicals, life sciences, technology, financial services, and real estate, with a global portfolio spanning North America, Europe, and Asia.
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