NSE deploys Direct-to-chip Liquid Cooling (DCLC) technology for its AI workloads, laying the groundwork for evolving market infrastructure

National Stock Exchange of India (NSE) has deployed a Direct-to-Chip Liquid Cooling (DCLC) solution to support its growing artificial intelligence (AI) infrastructure. The deployment is a first-of-its-kind deployment in Indian capital markets and reflects NSE’s continued focus on building scalabl
National Stock Exchange of India (NSE)
National Stock Exchange of India (NSE)
Published on: 

Mumbai | Purpose-built infrastructure to support growing AI workloads, with GPU capacity planned to scale beyond 80 this quarter and up to 224 GPUs

National Stock Exchange of India (NSE) has deployed a Direct-to-Chip Liquid Cooling (DCLC) solution to support its growing artificial intelligence (AI) infrastructure. The deployment is a first-of-its-kind deployment in Indian capital markets and reflects NSE’s continued focus on building scalable, resilient and future-ready technology infrastructure to support emerging compute-intensive workloads.

As NSE expands AI use cases across the organization, the new infrastructure enables deployment of high density GPU-based computing through an efficient and scalable cooling architecture. NSE has already deployed multiple GPUs and plans to expand the environment to more than 80 GPUs during the current quarter. The DCLC infrastructure has been designed with capacity to scale up to 224 GPUs across high density racks, aligned with future AI computing requirements.

Deployed within NSE’s on-premises data centre environment, the infrastructure is designed to strengthen data sovereignty while retaining complete control over AI data, computing resources and access. This approach supports NSE’s security governance and alignment with applicable regulatory and compliance requirements as AI adoption scales.

The initiative reflects the Exchange’s ongoing commitment to delivering best-in-class technology and resilient, future-ready infrastructure for Indian market participants, while building the capabilities to support the responsible adoption of emerging technologies at scale. Based on needs of market participants, NSE will extend the DCLC technology to its co-location datacentre in near future.

Technology Leadership Highlights

• First-of-its-kind Direct-to-Chip Liquid Cooling (DCLC) deployment in Indian capital markets.

• Purpose-built infrastructure to support high-density GPU-based AI workloads within on-prem DC.

• GPU capacity planned to exceed 80 during the current quarter, with infrastructure designed to scale up to 224 GPUs.

• Scalable architecture that positions NSE to support future growth in AI computing requirements.

• On-premises AI infrastructure designed to strengthen data sovereignty, retain complete operational control and support security and regulatory compliance requirements.

“At NSE, technology leadership is rooted in our commitment to bringing world-class technology to Indian market participants and building resilient, scalable and future-ready market infrastructure. We continually invest in advanced technologies that strengthen operational excellence, enhance efficiency and promote the responsible use of resources. Our deployment of direct-to-chip liquid cooling reflects this approach, enabling us to prepare for evolving computing needs while advancing a more energy-conscious technology ecosystem. Through such initiatives, we aim to contribute to a stronger, more efficient and globally competitive Indian capital markets ecosystem, in keeping with the Hon’ble Prime Minister’s vision of Viksit Bharat”. — Viral Mody, Executive Director, NSE “

AI is driving a fundamental shift in technology infrastructure, with significantly higher demands on compute density, power and cooling. At NSE, our approach is to anticipate these requirements and build ahead of demand. The DCLC deployment provides a scalable and energy-efficient foundation for high density GPU computing and strengthens our readiness for the next generation of AI workloads. As we expand these capabilities, our focus will remain on building resilient, scalable and future-ready infrastructure that supports NSE’s evolving technology needs and the continued growth of India’s capital markets.” — Sampath Manickam, Chief Technology Officer, NSE

About National Stock Exchange of India Limited (NSE):

National Stock Exchange of India (NSE) began its operations in 1994 and was the first exchange in India to implement electronic or screen-based trading. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices and market data feeds. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE is the world’s largest derivatives exchange by trading volume (contracts) for calendar year 2025 as per the statistics maintained by Futures Industry Association (FIA). NSE is ranked third in the world in equity segment by number of trades (electronic order book) in 2025, as per the statistics maintained by World Federation of Exchanges (WFE).

Celebrating the spirit of Diwali and the auspicious occasion of Muhurat Trading at NSE!
NSE MD & CEO, Shri Ashishkumar Chauhan, was joined by renowned actors Smt. Poonam Dhillon, Smt. Padmini Kolhapure, Smt. Sheeba Agarwal, filmmaker Shri Bharatbala and Shri. Ram Lal, All India Outreach Head of RSS and Swami Vigyananda ji, Founder World Hindu Congress & World Hindu Economic Forum for the traditional Lakshmi Pujan and the ceremonial bell ringing.

NSE MD & CEO, Shri Ashishkumar Chauhan, was joined by renowned actors Smt. Poonam Dhillon, Smt. Padmini Kolhapure, Smt. Sheeba Agarwal, filmmaker Shri Bharatbala and Shri. Ram Lal, All India Outreach Head of RSS and Swami Vigyananda ji, Founder World Hindu Congress & World Hindu Economic Forum for the traditional Lakshmi Pujan and the ceremonial bell ringing.

For more information, please visit: www.nseindia.com

For any media queries please contact: Email ID: cc@nse.co.in