Netweb Technologies, one of India’s leading technology solution providers, experienced a sharp rise of around 6% in its stock price after clinching a major order worth ₹450 crore for its Tyrone AI GPU-accelerated systems.
This purchase, estimated to significantly bolster India’s artificial intelligence infrastructure under the IndiaAI Mission, is intended to scale up indigenous compute capacity and facilitate large-scale training of multimodal language models.
The company has also reported stellar growth metrics: a 102% revenue spike and 127% improvement in EBITDA, underscoring the transformative role of AI and advanced GPU systems in India’s digital future. The move positions Netweb as a strategic enabler for India’s emergence as a global AI superpower, with deployment planned through FY25-26.
