DATA CENTRE BOSSES CASH IN ON INDIA AI AND CLOUD EXPANSION WITH HANDSOME PAY PACKAGES

What happened: Data centre chief executives in India received higher pay as their companies reported revenue growth during an expansion phase driven by cloud and AI demand, Mint reported. Key numbers: Equinix India MD Manoj Paul earned ₹5.91 crore, down 13% from FY24. Nxtra CEO Ashish Arora earned ₹3.1 crore. Why it matters: An HDFC Securities analyst said pay is tied to execution and bringing capacity live on time. A Choice Institutional Equities analyst said the pay gap with IT services heads is expected to narrow as data centre operators grow at double digits.

Data centre chief executives in India received higher pay as their companies reported revenue growth during an expansion phase driven by cloud and AI demand, Mint reported.

An HDFC Securities analyst said pay is tied to execution and bringing capacity live on time. A Choice Institutional Equities analyst said the pay gap with IT services heads is expected to narrow as data centre operators grow at double digits.