Data centre investments in India expected to surpass $20 billion by 2025: Report
Data Centre (DC) investments in India are expected to surpass $20 billion by 2025, according to a report by CBRE. The growing digitalization, coupled with a strong government policy impetus, has led to a surge in demand for DCs in India.
In addition, OTT, online gaming, increased smartphone usage, e-commerce, online schooling by EdTech platforms, location-agnostic work, along with advanced technologies including machine learning, 5G, blockchain, and artificial intelligence, has led to a multi-fold jump in data transmission and need for high spec servers.
According to the report, in H1 2022, the DC stock in India exceeded 9 million sq. ft. with a 600+ MW capacity in India. It is expected that the DC capacity will almost double by 2024, with more than 400 MW currently under construction across cities in India. Mumbai is expected to lead the supply addition, followed by Bangalore, Chennai, and Delhi-NCR.