RSS Leader Praises NSE's Role in India's Development, Exchange Announces Expansion Plans

Rashtriya Swayamsevak Sangh (RSS) General Secretary Dattatreya Hosabale visited the National Stock Exchange (NSE) in Mumbai on Monday. He acknowledged the NSE's significant contribution to India's progress.

Hosabale highlighted the NSE's efforts in positioning India at the forefront of the business world. He expressed pride in the exchange's commitment to trust, transparency, and innovation, which he believes has made it unparalleled globally.

The NSE, established in 1994, operates with a comprehensive business model. This includes exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions, and financial education programs.

The exchange recently introduced a substantial increase in colocation facilities. Over 200 Full Rack Equivalent (FRE) capacity of various variants were released at the beginning of 2025. The NSE continuously assesses and expands the capacity of its colocation facilities based on market participant feedback and demand.

Currently, a significant number of members have subscribed to racks within the Exchange Colocation Facility. Additionally, many members utilize colocation services through the Colocation as a Service (CaaS) model offered by the NSE.

In response to the growing demand, the NSE intends to add over 300 more capacities by the end of the first quarter of the upcoming financial year at its Mumbai BKC site. This expansion will bring the total capacity to 1500 racks within the next three months at the BKC location. Furthermore, the NSE plans to add approximately 2,000 FRE capacity, as needed, over the next two years in a phased approach.