E2E Networks Limited has informed the Exchange about Allocation of GPU Resources to GAN AI under IndiaAI Mission
E2E · price
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Awaiting price reaction for this filing.
E2E Networks has received an order from IndiaAI, an arm of MeitY under the Government of India, to allocate 1024 H200 SXM GPUs to GAN AI, which has been selected to build India's foundational AI model. The allocation comes with Infiniband networking on a single fabric and runs for 12 months. The total contract value is ₹88.02 crores, with execution to begin immediately. This is a domestic government-backed deal and aligns with E2E Networks' strategic focus on high-performance computing infrastructure for AI workloads. The order is significant in size relative to the company's overall scale, making it a material business development.
This is a large, prestigious government-backed AI infrastructure contract that should meaningfully boost E2E Networks' revenue and strengthen its positioning in India's growing AI compute market, likely supporting positive investor sentiment around the stock.