Black Box Ltd expects its data centre business to contribute as much as 30 percent of total revenue over the next couple of years, up from the current 17-18 percent, as demand for artificial intelligence (AI) infrastructure continues to expand. The company is also exploring acquisitions to support its long-term growth ambitions, CEO Sanjeev Verma told CNBC-TV18 on Friday, in a post-Q2 results interview.
Verma said Black Box has not witnessed any slowdown in AI infrastructure spending, and expects demand from hyperscale data centre operators to remain strong. He described the ongoing investment in AI infrastructure as a structural shift that is unlikely to reverse.
The company expects data centres' revenue contribution to increase to 25-30 percent over the next two years, supported by large infrastructure projects and growing investments by hyperscalers.
However, Verma added that Black Box's growth is not solely dependent on data centres. Its enterprise solutions business serves major global corporations, and that is also expected to benefit as AI adoption drives additional investments in connectivity, networking and digital infrastructure.
The company's Technology Products business represents a third growth engine, alongside data centres and enterprise solutions.