Jefferies Projects $45bn Space Economy, 10GW Data Centres as India's New Industrial Revolution

Jefferies released a new analysis outlining India’s next industrial phase, placing the space economy and data centres at its core. The report projects a $45 billion market for space‑related activities, including satellite manufacturing, launch services and data analytics. It also forecasts a cumulative 10 GW of data‑centre capacity to support cloud, artificial intelligence, e‑commerce and digital services. Jefferies views these sectors as attractive opportunities for investors, aligning with the government’s push for technology‑driven growth and manufacturing. The bank’s outlook underscores the potential for significant capital inflows into India’s high‑tech infrastructure.