Fadnavis said AI, powered by data and emerging technologies, is driving rapid growth in digital infrastructure and could help Maharashtra emerge as one of India’s largest data centre hubs.
The announcement boosted sentiment around companies linked to AI infrastructure and high-performance computing (HPC), with Netweb seen as a key beneficiary given its presence in supercomputing, AI systems and enterprise computing solutions.
Credit Rating Upgrade
The rally comes days after CRISIL Ratings Ltd. upgraded Netweb Technologies’ long-term credit rating to ‘CRISIL A+ / Stable’ from ‘CRISIL A / Stable’ while reaffirming its short-term rating. The agency cited the company’s healthy order book, improving business profile and favourable industry tailwinds.
According to Crisil, Netweb had an order book of ₹2,098 crore as of March 2026, along with L1 orders worth ₹328 crore, providing medium-term revenue visibility. The ratings agency also highlighted growing demand for high-performance computing, cloud services, data centres and AI infrastructure, supported by government initiatives and rising digital adoption.
Netweb Technologies designs and manufactures high-end computing systems, including supercomputers, private cloud infrastructure, AI systems and enterprise computing solutions.
The company counts global technology leaders such as Nvidia, Samsung, AMD and Intel among its key partners, relationships that Crisil said provide access to technology roadmaps well ahead of market launches.
Shares of Netweb Tech are trading 14% higher on Friday at ₹4,635. The stock is up 50% so far this year and has gained nearly 130% so far over the last 12 months.
