New Delhi, 12 December (H.S.): The data centre market in India has seen a massive influx of investments, both domestic and international, amounting to $60 billion between 2019-2024. This growth is expected to continue, and the cumulative investment commitments are projected to surpass $100 billion by the end of 2027, as per a report by real estate consultant CBRE South Asia. The city of Mumbai currently dominates the data centre market, followed by Chennai, Delhi-NCR, and Bengaluru, with these four cities accounting for 90% of the country's total data centre stock. By the end of 2025, this stock is expected to reach 31 million square feet. With nearly 475 MW of capacity under construction in major cities like Mumbai, Chennai, and Delhi-NCR, the sector is poised for significant growth in 2025. The report also highlights the increasing demand from BFSI and technology companies as key drivers for this growth.
Tier-II cities such as Ahmedabad, Kochi, Visakhapatnam, and Lucknow are also emerging as key locations for data centres due to regional data consumption growth and cost-efficiency advantages. Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal have emerged as the leading states in terms of cumulative investment commitments.
With India's current data centre capacity at 1,255 MW and projected to expand to 1,600 MW by 2024, the country's accelerated technology proliferation, digital transformation, increased internet penetration, policy enablers, and growth in AI-generated data workload will fuel this growth.
Sustainability is also becoming a critical priority in the data centre market, with a focus on integrating renewable energy solutions and advanced cooling technologies to enhance energy efficiency and reduce carbon footprint. As AI workloads are expected to surpass traditional cloud computing in the near future, India's data centre market is poised for further growth and development.
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Hindusthan Samachar / Jun Sarkar