Indian data centres got $396 million investments in 2020, $9.5 billion waiting to be put in: Study

New Delhi: The Indian data centre industry has attracted an investment of $396 million in 2020 and close to $9.5 billion of capital is in various stages of being announced, committed or waiting to be committed into Indian data centres, a new study showed.

According to a report by Mumbai-based property consulting firm Anarock, India’s data centres received $977 million in private equity and strategic investments since 2008, of which nearly 40% or approximately $396 million were infused between the January-September 2020 period alone.