SoftBank eyes Indian data centers, industrial robotics firms: report

Japanese investor SoftBank Corp. is looking at investing in data centers and industrial robotics firms in India, Moneycontrol reported, citing people aware of the company’s plans.

The conglomerate may invest up to $150 million in each deal if the discussions advance, the report added.

While SoftBank did not specify the possible investments, the people mentioned above said these could be greenfield data center businesses of a large company or a manufacturing unit that leverages automation and artificial intelligence.

SoftBank has committed about $5 billion in high-growth industries such as logistics, robotics and autonomous driving.