Netweb Technologies India Limited — Updates, 29-01-2025: Press Release

Netweb Technologies India Limited has highlighted recent global developments in AI, particularly the emergence of DeepSeek, which presents significant growth opportunities. The company views DeepSeek as a catalyst for market expansion by lowering cost barriers for AI adoption, thus attracting a broader customer base. Furthermore, Netweb’s GPU-neutral solutions are expected to enhance the performance of applications like DeepSeek, fostering greater adoption of their offerings.

The adoption of such AI platforms aligns with government and enterprise strategies, promoting local development of indigenous large language models, which will likely accelerate investments in AI technologies within India. Netweb anticipates that these advancements will stimulate demand for their advanced high-end computing solutions.

Financially, Netweb has demonstrated robust growth, with revenues up over 62% year-on-year for FY24, and a strong order pipeline totaling ₹38,149 million as of December 2024. Their commitment to R&D and in-house manufacturing ensures they remain competitive and capable of delivering innovative computing solutions. The company maintains a positive outlook, focusing on continued innovation amidst evolving market demands.