Cummins India Limited

6%

on I : Indian Economy – Opportunities & Challenges 3 $7 Trillion GDP by 2030; Net Zero by 2070 >6% growth Agriculture shift to Industrial 50% Renewable electricity, 500GW Advanced Emissions and

50%

lenges 3 $7 Trillion GDP by 2030; Net Zero by 2070 >6% growth Agriculture shift to Industrial 50% Renewable electricity, 500GW Advanced Emissions and alternate low carbon fuels India The world

500GW

y 2030; Net Zero by 2070 >6% growth Agriculture shift to Industrial 50% Renewable electricity, 500GW Advanced Emissions and alternate low carbon fuels India The world’s 3rd largest economy $1.72

1.67 Billion

fuels India The world’s 3rd largest economy $1.72 Trillion Infrastructure investment 2023-30 1.67 Billion People $4500 per capita income by 2030 Median age of 28 years Digital friendly English Speak

210GW

tment SECTORS EMERGING THEMES & MAJOR DEVELOPMENTS Energy Transition Installed RE capacity of 210GW as on Dec-24. Annual capacity addition of 50 GW+ till 2030 Increasing share of low carbon fuels

50 GW

NTS Energy Transition Installed RE capacity of 210GW as on Dec-24. Annual capacity addition of 50 GW+ till 2030 Increasing share of low carbon fuels like Ethanol blended fuels & Natural Gas Natio

32%

between 2023 – 30 8k – 10k km Annual construction of high-speed road network (>4lane) in India ~32% GFCF as % of GDP (FY24) driven by Govt. Capex and pick up in private Investments Manufacturing

6.5%

GFCF as % of GDP (FY24) driven by Govt. Capex and pick up in private Investments Manufacturing ~6.5% Forecasted growth of GVA by Industrial sector in FY25 Strong push for indigenous content & loca

10%

l uncertainties Development of DFC and MMLPs to improve logistics efficiency and reduce costs ~10% YoY Increase in export of engineering goods between Apr – Dec 24 Digitalization 6 Datacenter

Rs,

Storage…. Congestion management, Balancing, Resiliency, Changing Load Patterns, Integration of DERs, Frequency regulation …. Front-of-the-Meter (FTM) Behind-the-Meter (BTM) DERs DERs 8 Energy tr

Rs 8

ration of DERs, Frequency regulation …. Front-of-the-Meter (FTM) Behind-the-Meter (BTM) DERs DERs 8 Energy transition will require coordinated efforts across industries Strategic Priorities Goals

500 GW

cross industries Strategic Priorities Goals Plan of Action Energy Security Decarbonization 500 GW Renewable energy capacity by 2030 50% Non-Fossil based energy by 2030 1 Bn Ton Carbon emissio

The IndiaAI mission

1

The IndiaAI mission

• 10,000 GPUs of compute capacity • Indigenous large multimodal models (LMMs) & domain-specific foundational models • #AIforAll use cases 110 - 130 3rd Largest Tech Start-up Ecosystem 18 – 22 7 – 10 India Global 2024 2028 • AI led solution portfolio & advisory services • Predictive AI & Generative AI platforms, automation tools, data analytics solutions • 2nd largest contribution globally in AI-related patents 11 Source: Nasscom Restricted Confidential Hyperscale datacenters are growing at an exponential pace Cloud/Hyperscale Colocation Enterprise Edge Owned & operated by the companies they support on a large scale Owned & operated by a third party & leased to multiple businesses Owned & operated by a single facility for its own use Provide faster processing closer to the end user 50 – 100+ MW 10 – 50 MW 500kW – 10MW 10kW – 1MW 100,000+ racks 1000 – 10,000+ racks 10 – 1,000 racks 1 – 100 racks Business model Power Requirements No. of racks Applications Cloud services, AI, big data, lar