Netweb Tech secures ₹450-crore AI systems order

Netweb Technologies has announced that it has received a purchase order worth around ₹450 crore for the supply of Tyrone AI GPU-accelerated systems.

The company said the order has been placed by one of the largest Indian-headquartered global providers of technology distribution and integrated supply chain solutions.

The order involves the deployment of AI infrastructure facilities using the latest Tyrone GPU-powered systems. According to the company’s disclosure, the execution timeline for the project

extends till the end of FY26. The stated value excludes applicable taxes.

Netweb said the order further strengthens its position in the rapidly expanding AI and high-performance computing (HPC) space, where demand for advanced GPU-based platforms has surged across industries.

This deal follows a larger order worth ₹1,734 crore,announced earlier this month, for the supply of servers based on Nvidia’s Blackwell architecture.

Under the earlier contract, Netweb Technologies will deploy advanced GPU-accelerated infrastructure to support AI and HPC workloads, with execution targeted for the first half of FY27.

Shares of Netweb Technologies ended higher on Friday (September 19) by 7.71% at ₹3,272 on the NSE.

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