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Business
Standard Engineering Technology Buys Majority Stake in GScale Energy
✍️ Latestly
🗓 28 Jun 2026, 07:47 AM
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Standard Engineering Technology Limited has acquired a 51% equity stake in GScale Energy Private Limited, signaling a significant step in AI infrastructure development.
Hyderabad-based Standard Engineering Technology Limited (SETL) announced on June 26 its acquisition of a majority 51% equity stake in GScale Energy Private Limited.
This strategic move by SETL, a prominent precision and multidisciplinary engineering firm in India, is being highlighted as a pivotal moment for the nation's artificial intelligence infrastructure development. The acquisition also signifies SETL's expansion into a comprehensive engineering solutions provider.
The deal positions SETL to further its role in advancing India's technological capabilities, particularly within the burgeoning field of AI infrastructure.
This strategic move by SETL, a prominent precision and multidisciplinary engineering firm in India, is being highlighted as a pivotal moment for the nation's artificial intelligence infrastructure development. The acquisition also signifies SETL's expansion into a comprehensive engineering solutions provider.
The deal positions SETL to further its role in advancing India's technological capabilities, particularly within the burgeoning field of AI infrastructure.