Essar sees growth potential for its IT firm Black Box amid AI boom, says Prashant Ruia

Essar Group sees huge growth potential in its IT firm Black Box with boom in artificial intelligence (AI) technology driving demand for new data centres and managed services across the globe, a top official of the multinational conglomerate said.

In an exclusive interview with PTI, Prashant Ruia, director of Essar Capital, which manages the group’s portfolio of investment, expressed confidence in the sector.

“This is a company which can see tremendous growth, because the kind of growth taking place in data centres and managed services globally is exponential,” he said.