Essar’s technology arm Black Box Ltd has unveiled an ambitious growth strategy focused on India and aims to position itself as a strategic partner for global technology companies expanding into the region.

During its latest investor call, Black Box reported strong financial results in the second quarter of FY25 and discussed long-term plans to leverage its expertise in supporting large-scale digital infrastructure projects as global technology firms enter the Indian market.

Black Box recorded significant financial growth in the second quarter of FY25, with earnings before interest, taxes, depreciation and amortization (EBITDA) of Rs 135 billion, a 34 per cent year-on-year increase and a 60 per cent year-on-year increase. Profit After Tax (PAT) rose to Rs 51 crore. These gains reflect strong operational efficiencies, cost optimization and high-value solutions. EBITDA margin increased by 260 basis points on an annual basis to 9.0 percent, while PAT margin increased by 140 basis points on an annual basis to 3.4 percent; This underlines Black Box’s focus on sustainable profitability.

“We continue to see strong performance across our operations, reflecting our commitment to delivering market-driven solutions and driving operational excellence. We are confident that these results will continue to accelerate as we expand into high-growth markets,” said Deepak Kumar Bansal. , managing director and global chief financial officer of Black Box Ltd.

With its population of 1.4 billion and a growing digital economy further strengthened by the adoption of artificial intelligence (AI), India represents a tremendous opportunity for Black Box. The company is optimistic about achieving significant growth, especially on a global scale technology giants and data center hosting providers are trying to enter the market.

“We see tremendous growth potential in India, which is rapidly becoming a global hub for digital transformation. Our strategy is to build on our success in North America and tailor our approach to India’s unique needs. India’s evolving digital landscape is one of Black Box Ltd’s “The large-scale technology infrastructure positions us as the ideal partner for local and global players,” said permanent director Sanjeev Verma.

Black Box’s India-focused strategy emphasizes industry-specific, high-impact solutions in AI, cloud and digital infrastructure. The company is working towards a revenue target of $2 billion over the next four years and is prioritizing its top 300 customers with high technology spending and growth potential. Going forward, Black Box plans to make significant investments in talent and an enhanced go-to-market strategy to accelerate growth. Its growth in India. The company’s in-depth understanding of global customers’ needs and local expertise is expected to drive significant growth in the Indian market over the next few years.