Data Centre stock in India to double

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 a latest 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.

Mumbai led in terms of pan-India DC stock, accounting for a share of about 48%, followed by Bangalore at about 18%, along with Chennai (9%), which is now gradually becoming one of the fastest growing DC markets in India.

Together, these three cities accounted for nearly 75% of India’s DC footprint. In addition, Delhi-NCR, Pune, Hyderabad, and Kolkata accounted for the remaining 25% of the DC market in India.

The report further states that hyperscale DCs majorly dominated investments during 2018-2021 with a share of about 77% – a similar trend was recorded in H1 2022. Moreover, investments in hyperscale DCs were majorly spread across the top states, with West Bengal leading with a share of 22%, followed by Uttar Pradesh (19%), Telangana (16%), and Tamil Nadu (8%).

On the other hand, more than half of investments announced in colocation DCs were across India, while the remaining half was split between the key states of Tamil Nadu, Maharashtra, West Bengal, Uttar Pradesh, and Telangana.

Experts from CBRE, said, “With businesses across sectors expanding their digital infrastructure, DCs are becoming increasingly important as a larger alternate real estate class. Following policy refinement on the government's part, the DC segment in India is expected to

By VARINDIA| 16 views