Mega Networks is on track to achieve ₹1,000 crore in revenue within the next two years, driven by robust growth and strategic innovation. Discover more about our expansion plans, investments in cutting-edge technologies, and how we are leveraging AI and government initiatives to propel our success.

Mega Networks is pleased to announce the opening of our new facility in Mumbai, dedicated to manufacturing AI servers by the end of this year. We have invested ₹100 crore in this initiative, demonstrating our commitment to the ‘Make in India for the World’ campaign. We anticipate a 30% increase in revenue in FY25 and are pleased to have been selected for the PLI scheme 2.0, which further boosts our confidence.

Our MD & CEO Amrish Pipada shares insights on the CII Annual Business Summit 2024, where Mr. S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), announced that the government is willing to finance up to 50% of the cost to develop AI compute infrastructure in India, as a part of the ₹10k crore India AI mission.

Happy to share that we have secured an interview coverage for Amrish with The Economic Times titled – Mega Networks plans to make AI servers in Maharashtra. The title indicates an emphasis on our business’s expansion and growth path within India. This also establishes us as a domestically based server manufacturer, aligning with the government’s Make in India initiative.

Excited to announce the recent feature of our Managing Director, Amrish Pipada, by INC42, showcasing Mega Networks’ upcoming venture to produce AI servers in Maharashtra. This coverage underscores our strategic focus on expanding operations and advancing our presence in the Indian market. It positions Fusionstor as a prominent server manufacturer based in India, in alignment with the government’s Make in India initiative.

Happy to share that our MD Amrish Pipada featured in Analytics India Magazine. His quotes are quite impressive in the story, one of them being – “We take pride in being the first company to achieve this milestone. As of February 2023, no other entity – multinational or local OEM – has managed to manufacture servers on the latest Intel generation in India

Discover the Future of Data Centers! Our CTO shares his expert insights on how AI servers are revolutionizing modern data centers in his recent feature with ET CIO. Stay ahead of the curve with us!

Our Founder & CEO, Mr. Amrish Pipada, recently gave an interview to Digitimes Asia where he discussed Mega Networks Private Ltd’s strategic endeavours in the AI server and semiconductor packaging segments. In the interview, he talks about how we are meeting the surging demand for AI servers by focusing on power-efficient designs and expanding our customer base worldwide. Read the full article to get more details about our collaborative efforts and cutting-edge innovations.

Mega Networks is actively pursuing opportunities in the AI business segment, positioning itself at the forefront of industry evolution. By collaborating with top AI experts and continually exploring the latest technologies, the company has successfully integrated AI solutions into its product lineup to meet the changing needs of customers in today’s fast-paced digital environment.

As the CEO of Mega Networks Pvt Ltd, Amrish Pipada recently discussed the increasing prominence of AI servers with INDIAai. In this exclusive conversation, he delves into the importance of AI servers, the advantages of using home-grown servers for businesses, and their significant role in driving economic growth in the country.

Mega Networks vision for hardware innovation and manufacturing within India’s economic landscape, particularly in alignment with the Make in India initiative.

In an interview with Express Computer, Amrish Pipada, Founder & CEO, Mega Networks Pvt. Ltd. spoke about Mega Networks journey at the cusp of a major milestone – manufacturing its own AI servers. Additionally, the company’s recent recognition under the Production Linked Incentive (PLI) Scheme 2.0, alongside global giants like Foxxcon, Dell, HP, and Lenovo, speaks volumes about its strategic position. Further he also discussed how this recognition is set to bring in substantial investments and propel Mega Networks into a new phase of growth.

Amrish Pipada, CEO of Mega Networks Pvt Ltd, positively analyzes the Union Budget 2024, praising its growth-oriented approach and emphasis on economic advancement. He applauds the government’s vision for ‘Viksit Bharat’ by 2047 and highlights the budget’s allocation of ₹1 lakh crore for interest-free, long-term loans as a catalyst for innovation and increased access to funds. Pipada sees this move encouraging the private sector to boost research and development, particularly in sunrise sectors. He also appreciates the increase in the Production Linked Incentive (PLI) scheme to Rs 6200 crore, aligning with Mega Networks’ commitment to Make in India and enhancing the presence of home-grown AI servers and storage in the global-local market. Overall, Pipada’s analysis reflects optimism regarding the budget’s potential impact on innovation and the growth of the technology sector.

Amrish Pipada, CEO of Mega Networks Pvt Ltd, positively analyzes the Union Budget 2024, praising its growth-oriented approach and emphasis on economic advancement. He applauds the government’s vision for ‘Viksit Bharat’ by 2047 and highlights the budget’s allocation of ₹1 lakh crore for interest-free, long-term loans as a catalyst for innovation and increased access to funds. Pipada sees this move encouraging the private sector to boost research and development, particularly in sunrise sectors. He also appreciates the increase in the Production Linked Incentive (PLI) scheme to Rs 6200 crore, aligning with Mega Networks’ commitment to Make in India and enhancing the presence of home-grown AI servers and storage in the global-local market. Overall, Pipada’s analysis reflects optimism regarding the budget’s potential impact on innovation and the growth of the technology sector

Amrish Pipada, CEO of Mega Networks Pvt Ltd, positively analyzes the Union Budget 2024, praising its growth-oriented approach and emphasis on economic advancement. He applauds the government’s vision for ‘Viksit Bharat’ by 2047 and highlights the budget’s allocation of ₹1 lakh crore for interest-free, long-term loans as a catalyst for innovation and increased access to funds. Pipada sees this move encouraging the private sector to boost research and development, particularly in sunrise sectors. He also appreciates the increase in the Production Linked Incentive (PLI) scheme to Rs 6200 crore, aligning with Mega Networks’ commitment to Make in India and enhancing the presence of home-grown AI servers and storage in the global-local market. Overall, Pipada’s analysis reflects optimism regarding the budget’s potential impact on innovation and the growth of the technology sector.

Amrish Pipada, CEO of Mega Networks Pvt Ltd, positively analyzes the Union Budget 2024, praising its growth-oriented approach and emphasis on economic advancement. He applauds the government’s vision for ‘Viksit Bharat’ by 2047 and highlights the budget’s allocation of ₹1 lakh crore for interest-free, long-term loans as a catalyst for innovation and increased access to funds. Pipada sees this move encouraging the private sector to boost research and development, particularly in sunrise sectors. He also appreciates the increase in the Production Linked Incentive (PLI) scheme to Rs 6200 crore, aligning with Mega Networks’ commitment to Make in India and enhancing the presence of home-grown AI servers and storage in the global-local market. Overall, Pipada’s analysis reflects optimism regarding the budget’s potential impact on innovation and the growth of the technology sector.

The article mentions the quote from Mr. Amrish Pipada for the Union Budget 2024, anticipating a focus on policy and structural transformations. As the government aims to reduce the fiscal deficit to 4.5% of GDP by FY26, key expectations include major highlights for the AI sector, data protection, cybersecurity, and digital infrastructure. Renewable energy resources like green hydrogen and ammonia are also expected to be emphasized. Experts foresee a spotlight on infrastructure, sustainability, innovation, and the electric vehicle (EV) sector. Anticipated measures include revising the FAME scheme, reconsidering the 18% tax on lithium-ion batteries, extending the Production-Linked Incentive (PLI) scheme, simplifying tax structures, and improving funding accessibility for digital transformation. Industry leaders stress the importance of a conducive policy environment, innovation, skill development, and fostering a seamless taxation structure for widespread technology adoption and innovation in India.

The article mentions the quote from Mr. Amrish Pipada for the Union Budget 2024, anticipating a focus on policy and structural transformations. As the government aims to reduce the fiscal deficit to 4.5% of GDP by FY26, key expectations include major highlights for the AI sector, data protection, cybersecurity, and digital infrastructure. Renewable energy resources like green hydrogen and ammonia are also expected to be emphasized. Experts foresee a spotlight on infrastructure, sustainability, innovation, and the electric vehicle (EV) sector. Anticipated measures include revising the FAME scheme, reconsidering the 18% tax on lithium-ion batteries, extending the Production-Linked Incentive (PLI) scheme, simplifying tax structures, and improving funding accessibility for digital transformation. Industry leaders stress the importance of a conducive policy environment, innovation, skill development, and fostering a seamless taxation structure for widespread technology adoption and innovation in India.

Ahead of the upcoming budget, leaders, experts, and stakeholders weigh in on strategies, challenges, and expectations. Amrish was also quoted in the industry story – “As part of India’s Digital India initiative, we at Mega Networks Pvt Ltd are committed to contributing to the vision of ‘Vikshit Bharat’ by 2047. As a leading force in innovation, our country has made significant strides in digital public goods and has emerged as a top global player in phone manufacturing. Capitalizing on the skilled workforce and the dynamic IT environment in the region, we believe that the convergence of ‘Made in India’ with Digital India 2.0 will propel the IT hardware industry to an unprecedented growth trajectory, positioning it as a sunrise sector. The government’s support in extending Production Linked Incentive (PLI2.0) benefits for R&D investments would serve as a critical catalyst for companies like ours, poised to transition from domestic leadership to global eminence through pioneering innovations in manufacturing. In particular, we envision breakthroughs in crucial domains such as AI servers and storage, which form the backbone of our data-driven ecosystem.”

In the interview with Amrish Pipada, CEO of Mega Networks, the discussion revolves around the evolving cloud implementation landscape in India. Mr. Pipada highlights the pivotal role of cloud in driving digital transformation across various sectors. He compares different types of cloud infrastructure, emphasizing the importance of building resilient systems. The CEO delves into cloud data security, mentioning the adoption of technologies like AI, ML, Blockchain, and Zero Trust for enhanced protection. Looking ahead to 2024, Pipada predicts transformative changes, including the rise of server-less computing, increased focus on security, and the integration of AI and ML in resource management. He also anticipates the prominence of cloud-native security solutions, enhanced compliance services, and environmental considerations in the form of green cloud technologies. Overall, the interview provides insights into the current state and future trends of cloud computing in India, with a specific emphasis on security and technological advancements.

Mega Networks Pvt. Ltd. underscores their commitment to meeting dynamic data centre demands across the Asia-Pacific region. The company’s sustained efforts have bolstered manufacturing capabilities, generating employment opportunities and upholding the ‘Make in India’ ethos while adhering to stringent global quality benchmarks. During an interaction with Vidushi, Amrish Pipada, Founder & CEO at Mega Networks Pvt Ltd discussed the demand surge of manufacturing of advanced high-computing data servers, catalysed by Industry 4.0.

The headline strategically positions Mega Networks as a leading technology partner of the Indian government. The story focuses on Mega Network’s strategic plans, trends for the upcoming year and its role in forging home-grown Make-in-India servers that is a crucial foundation for many of its products and solutions.

The article mentions Mega Networks Pvt Ltd as a frontrunner in India’s advanced computing hardware manufacturing, aligning seamlessly with the ‘Make in India’ initiative. The headline highlights the company’s noteworthy achievements, government partnerships, growth strategies, and technological advancements in the sector. This positions Mega Networks as a reputable player, elevating its industry standing. The article emphasizes the pivotal role of Original Equipment Manufacturers (OEMs) in propelling digital transformation, contributing significantly to the Digital India vision. Mega Networks’ long-term vision underscores its commitment to being a premier manufacturer of highly optimized industrial computing ecosystems, aiming to boost government business and actively contribute to India’s economic growth.