Shares of Netweb Technologies rose 9% on September 3 after the firm got Rs 1,734-crore order to supply servers based on Nvidia's Blackwell architecture.
"The order will leverage Netweb’s latest GPU-accelerated platforms built on NVIDIA’s cutting-edge Blackwell architecture. Execution is scheduled between the last quarter of FY26 and the first half of FY27," said the company in a stock exchange filing.
This strategic win is of national importance, aimed at strengthening India’s AI compute capabilities and advancing the country’s ambitions for a Sovereign AI System under the IndiaAI Mission, the company added.
At 12:05 pm on September 3, Netweb Tech's shares were trading 9% higher at Rs 2,471 apiece.
Netweb will deliver these systems through its flagship Tyrone Camarero AI platform.
"Each node will feature Nvidia’s latest generation 8x GPU-HGX-B200 accelerators, optimised for high-throughput, memory-intensive workloads. These platforms will serve as critical infrastructure to bring India’s compute capacity and capability in line with global benchmarks," said the company.
“This strategic order reflects the growing importance of sovereign compute capabilities in India’s digital future. We are proud to contribute to the IndiaAI Mission by delivering best-in-class AI infrastructure, engineered and manufactured in India. This will help India emerge as an AI superpower and benefit multiple industry verticals. Moreover, this will create a lasting impact on Indian citizens by enabling citizen-centric services, making it truly transformative,” said Sanjay Lodha, Chairman and Managing Director, Netweb Technologies India Limited.
He further said: “This is a large-value strategic order, distinct from Netweb’s recurring business. As of 30 June 2025, the company’s pipeline stood at Rs 4,142 crore, excluding this order."
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