India's data centre capacity to more than double by FY27: Crisil Ratings
2 weeks, 2 days ago

India's data centre capacity to more than double by FY27: Crisil Ratings

Hindustan Times  

Led by increasing digitalisation as organisations increase their investments in cloud storage, India's data centre capacity is set to more than double to 2-2.3 GW by 2026-27, a December 23 report by Crisil Ratings said. The report added that to meet the growing data centre demand, an investment of ₹55,000-65,000 crore is required over the next three fiscals, primarily towards land and building, power equipment and cooling solutions. "Data centre operators typically build infrastructure - land and building, which account for 25-30 per cent of overall capex - with the expectation of future tie-ups," Crisil Ratings Senior Director and Deputy Chief Ratings Officer Manish Gupta said. "Amid significant capex plans for expansion, the debt-to-earnings before interest, tax, depreciation and amortisation ratio of data centre operators is expected to increase to 5.4x this fiscal from 5x last fiscal, before improving from next fiscal as capacity utilisation ramps up," Crisil Ratings Director Anand Kulkarni said.

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History of this topic

Microsoft plans to invest $3 billion on AI, cloud infrastructure in India
1 day, 20 hours ago

Microsoft plans to invest $3 billion on AI, cloud infrastructure in India

Live Mint  

Microsoft plans to spend $3 billion over the next two years to expand its cloud and artificial-intelligence infrastructure in India, the latest in a string of investment pledges by U.S. tech giants amid booming AI computing needs. Microsoft Chief Executive Satya Nadella said at an event in Bengaluru, India, on Tuesday that the investment marks the company’s single largest expansion …

Microsoft announces $3 billion investment in India to strengthen AI and cloud infrastructure
Top News
1 day, 21 hours ago

Microsoft announces $3 billion investment in India to strengthen AI and cloud infrastructure

The Hindu  

Microsoft on Tuesday announced a $3 billion investment in India, marking its largest-ever expansion in the country. The announcement, made by CEO Satya Nadella at Microsoft AI Tour event in Bengaluru, underscores tech giant’s commitment to bolstering India’s AI infrastructure and driving innovation in one of the fastest-growing digital markets in the world. The investment will be focused on building …

Mint Primer: Can India turn into a global hub for data centres?
1 week, 1 day ago

Mint Primer: Can India turn into a global hub for data centres?

Live Mint  

India’s data centre capacity is projected to jump by the end of this decade, driven by digitalization, data localization laws, AI usage by firms and consumer data consumption, backed by 5G rollout. Likewise, JLL India expects the data centre industry to add 604MW capacity, taking the total to 1,521MW, by 2026, as India aims to become a global hub for …

India’s data centre capacity to more than double by fiscal 2027: Crisil report
2 weeks, 2 days ago

India’s data centre capacity to more than double by fiscal 2027: Crisil report

Live Mint  

New Delhi, December 23 : The Indian data centre industry's capacity is set to more than double to 2-2.3 GW by fiscal 2027, Crisil Ratings asserted on Monday, attributing to increased digitalisation in the economy. The rapid advancement of GenAI, which requires higher computational power and low latency than traditional cloud computing functions, will also provide a tailwind to the …

Data centre capacity to more than double to 2-2.3 gw by fiscal 2027
Trending News
2 weeks, 3 days ago

Data centre capacity to more than double to 2-2.3 gw by fiscal 2027

New Indian Express  

MUMBAI: The data centre capacity is set to more than double to 2-2.3 gw by fiscal 2027 buoyed by the increasing digitalisation of the economy. According to a Crisil Ratings analysis of the industry players, representing 85 percent of the market share by operational capacity, the data centre capacity will more than double to 2-2.3 gw by fiscal 2027. Data …

India’s data centre capacity set to touch 2,070 MW by the end of 2025: Report
4 weeks ago

India’s data centre capacity set to touch 2,070 MW by the end of 2025: Report

Hindustan Times  

India’s data centre capacity is projected to reach about 2,070 megawatts by the end of 2025. The country’s current data centre capacity stands at about 1,255 MW, and is estimated to expand to around 1,600 MW by the end of 2024, a report by CBRE has said. The 2024 India Data Centre Market Update report said that one of the …

Digital infrastructure, interconnected Grid, & affordable data made India most attractive investment destination: Piyush Goyal
1 month, 1 week ago

Digital infrastructure, interconnected Grid, & affordable data made India most attractive investment destination: Piyush Goyal

Live Mint  

New Delhi, November 28 : Union Minister Piyush Goyal highlighted India's growing appeal as a global hub for emerging technologies, attributing this success to the transformative initiatives undertaken in recent years. Speaking at a press conference in Delhi on Thursday, Goyal emphasized how the launch of the Interconnected Grid, the Digital India campaign, and the availability of affordable data have …

Andhra Pradesh Eyes IT Boom with New Data Centre Policy
1 month, 2 weeks ago

Andhra Pradesh Eyes IT Boom with New Data Centre Policy

Deccan Chronicle  

VIJAYAWADA: Education and IT Minister Nara Lokesh has revealed plans to introduce a Data Centre Policy for Andhra Pradesh. He said, “Some leaders in the previous government had demanded shares in IT companies and hence investors deserted the state in the last five years.”Replying to the questions from Vamsi Krishna, Ganta Srinivasa Rao, Vishnukumar Raju, Srinivas and Eswara Rao, the …

Tech Titans Flock to Southeast Asia for Data Center Hub
2 months, 1 week ago

Tech Titans Flock to Southeast Asia for Data Center Hub

China Daily  

Tech giants are flocking to Southeast Asia to build data centers, contributing to regional economies and fostering AI development. Singapore remains the preferred destination, but Malaysia is seeing a surge in investments, with Malaysia expecting 1 gigawatt of data center capacity to come online over the next two years.

Digital drive
2 months, 1 week ago

Digital drive

China Daily  

China Daily | Updated: 2024-10-29 10:11 Editor's note: In this weekly feature China Daily gives voice to Asia and its people. Malaysia seized the bulk of new data center investments entering the region during that period, and now expects facilities with around 1 gigawatt of power capacity to come online over the next two years. It revealed plans in 2024 …

Ep7: Is India blazing a trail on green data centres? | The Interface podcast
5 months, 1 week ago

Ep7: Is India blazing a trail on green data centres? | The Interface podcast

The Hindu  

Artificial intelligence has sparked an insatiable appetite for computing power and data storage, driving rapid expansion of data centres - the physical backbone of the digital world. Their massive, scalable data centre infrastructures power cloud services and AI applications that are becoming increasingly integral to business operations and daily life. From the pressing need for sustainable energy solutions to the …

Gautam Adani credits governance as ‘single most important catalyst’ for infrastructure growth post 2014
6 months, 2 weeks ago

Gautam Adani credits governance as ‘single most important catalyst’ for infrastructure growth post 2014

Op India  

Adani Group Chairman Gautam Adani on 19th June compared the Indian Economy during the term of the Modi government to an aircraft taking off, while saying that the period before that since 1991 was about building foundations and the runway. He said at the event, “almost every foreign visitor that I meet these days talks about the extraordinary infrastructure growth …

India overtakes APAC majors in data centre capacity
7 months, 3 weeks ago

India overtakes APAC majors in data centre capacity

Deccan Chronicle  

Chennai: India has overtaken countries in the Asia-Pacific region, including Australia, Hong Kong and Japan, in terms of data centre capacity. Excluding China, India is the top country in APAC countries with the highest operational data centre capacity of 950MW. After India, Japan recorded the second-highest data centre capacity with 892 MW. Global investors retain a strong interest in the …

India's Data Centre Capacity to Surge 2000 MW
7 months, 4 weeks ago

India's Data Centre Capacity to Surge 2000 MW

Deccan Chronicle  

Chennai: Rapid expansion of internet usage will lead to increasing data centre capacity to 2000 MW and this requires an investment of Rs 50,000 crore in the next three years. While India generates about 20 per cent of the global data, its share in data centre capacity is just 3 per cent, implying significant under-penetration of data centre capacity and …

Data centres are fuelling India’s digital transformation
9 months, 1 week ago

Data centres are fuelling India’s digital transformation

Hindustan Times  

India, once considered a brownfield data centre country, has rapidly evolved into a greenfield powerhouse. The size of India’s data centre market was estimated at 1,675 MW in 2023 and is expected to reach 4,770 MW by 2029, with a compound annual growth rate of 19%. As India’s data centre industry expands, sustainability and environmental considerations are also gaining prominence. …

Meta to set up first data centre in India? Could cost ‘between 500-1,200 crore’
10 months ago

Meta to set up first data centre in India? Could cost ‘between 500-1,200 crore’

Hindustan Times  

Facebook parent Meta may start its first data centre in India focussed on the growing demand for its short video feature Reels in its largest market, it was reported. Meta India Data Centre: A Meta logo is seen "Meta is evaluating deploying a small data centre. The investment plan was not given but the report said that industry experts believe …

Google set to invest USD 1 billion in UK data centre
11 months, 2 weeks ago

Google set to invest USD 1 billion in UK data centre

India TV News  

Google will reportedly invest 1 billion US dollars for building a data centre just outside of London, confirmed a U.S. technology giant, in its latest investment in Britain as it meets to grow the demand for internet services in the region. The data centre, located on a 33-acre site that was bought by Google in 2020, will be located in …

New Data-Center Property Investment Signals AI Boom
11 months, 4 weeks ago

New Data-Center Property Investment Signals AI Boom

Live Mint  

One of the world’s largest data-center developers is getting a $6.4 billion equity infusion, the latest sign that this property sector is booming alongside the rise in artificial intelligence. Vantage Data Centers plans to use the capital from digital infrastructure investor DigitalBridge Group and Silver Lake, a technology investment firm, to add more than 3 gigawatts of capacity globally. This …

India data centres may see $23bn investments by 2033: Avendus
1 year, 7 months ago

India data centres may see $23bn investments by 2033: Avendus

Live Mint  

NEW DELHI : India may see investments of up to $23 billion for capex on data centres as an infrastructure asset over the next 10 years, driven by the exponential increase in data consumption, storage, governmental thrust on data localisation and the need for high bandwidth, following the launch of 5G. According to a report from investment banking firm Avendus …

Data Centre capacity to grow sixfold in six years, says ICRA
1 year, 10 months ago

Data Centre capacity to grow sixfold in six years, says ICRA

The Hindu  

Data localisation and data explosion in India would lead to sixfold increase in data centre capacities in the next six years, ICRA said in a note. Business houses namely Hiranandani Group, Adani Group in JV with EdgeConnex and Reliance Group and foreign investors like Blackstone, CapitaLand, Princeton Digital Group as well as captive consumers such as Amazon, Microsoft have started …

Budget 2023: Government should provide resources to build robust cybersecurity system
1 year, 11 months ago

Budget 2023: Government should provide resources to build robust cybersecurity system

Firstpost  

India has seen great strides in the economy’s growth, fuelled by remarkable performance across sectors. The industry With data centres being accorded infrastructure status, we hope to see incentives or capital subsidy programs concerning land, construction, mechanical, and plumbing costs in the upcoming budget. Data shield needed to keep pace with global players As countries across the globe mature to …

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025
1 year, 11 months ago

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

India TV News  

The tech giant Google has signed a contract with Raiden Infotech India to acquire a data centre in Navi Mumbai with a lease term of 28 years. "Enable high-performance, scalable, disaggregated, scaled-out data centre infrastructure with reliability and security" was the goal of the transaction. "The announcement further signals Microsoft's commitment to long-term differentiated investments in our data centre infrastructure," …

Microsoft's Nadella says India's digital infra building capability far ahead of others
2 years ago

Microsoft's Nadella says India's digital infra building capability far ahead of others

Live Mint  

NEW DELHI :"Oh, please don’t make me laugh. That’s the witty response that Satya Nadella, chairman and chief executive officer of Microsoft Corp., got when he prompted artificial intelligence -powered ChatGPT to write a play where Mumbai’s favourite street food--the vada pav--would argue its supremacy against competitors including Delhi's bhel puri. India-born Nadella, who is on a four-day tour of …

Data Ops: After Yotta, UP to get 7 More Centres Under Amended Data Policy
2 years, 2 months ago

Data Ops: After Yotta, UP to get 7 More Centres Under Amended Data Policy

News 18  

The Uttar Pradesh Cabinet has approved amendments to the Data Centre 2021 policy to facilitate the opening of more data centres in the state. At the recent inaugural ceremony of UP’s first and India’s second data centre in Greater Noida, CM Yogi Adityanath stated that he sees the state as the hub of data centres in the future. During the …

Data centre stock in India to double by 2024; DC investments expected to surpass $20 billion by 2025: Report
2 years, 3 months ago

Data centre stock in India to double by 2024; DC investments expected to surpass $20 billion by 2025: Report

Firstpost  

The report – Data Centres in India: Powering Up Real Estate in a ‘Data-High’ Era – also said OTT, online gaming, increased smartphone usage, e-commerce and online schooling among others have led to a multi-fold jump in data transmission and need for high specification servers New Delhi: The growing digitalisation backed by a strong government policy impetus has led to …

India's data centre industry worth USD 5.6 bn; set to grow further: Report
2 years, 4 months ago

India's data centre industry worth USD 5.6 bn; set to grow further: Report

India TV News  

India data centre industry: India's data centre industry size is worth USD 5.6 billion and is set to grow as over 45 data centres are expected to come up by 2025, according to Anarock and Binswanger report. As per the latest Anarock and Binswanger report 'Under the Lens: India's Data Centre Explosion', over 45 data centres spanning about 13 million …

Govt Of India's IT Spending To Reach $9.5 Billion This Year: Report
2 years, 6 months ago

Govt Of India's IT Spending To Reach $9.5 Billion This Year: Report

News 18  

The government IT spending in India is likely to reach $9.5 billion in 2022, an increase of 12.1 per cent from last year, a new report said on Monday. Now, governments are executing innovative activities by harnessing technology to streamline digital services, advance automation processes and evolve citizen experiences and building a data fabric. As legacy modernization continues to be …

Microsoft’s largest data centre region in India coming up in city
2 years, 10 months ago

Microsoft’s largest data centre region in India coming up in city

Deccan Chronicle  

Hyderabad: Microsoft on Monday announced that it would establish its largest data centre in India in Hyderabad with an investment of over Rs 15,000 crore over a period of 15 years. The new data centre region, to be spread across three sites in Chandanvelly, Ellikatta and Kottur, will provide advanced data security and cloud solutions that will help enterprises, startups, …

Union Budget 2022-23: Affordable housing remains mainstream
2 years, 11 months ago

Union Budget 2022-23: Affordable housing remains mainstream

The Hindu  

The Finance Minister has presented a growth-oriented Budget with focus on infrastructure. Credit support Interventions to improve credit to the pandemic afflicted MSME sector including hospitality industry is also a step in the right direction. This announcement will greatly help in sharp growth of data centre capacity in the country and support India’s ambitions of being a strong Data Centre …

Union Budget 2022: Budget Wishlist For Digital India Is Ready
2 years, 11 months ago

Union Budget 2022: Budget Wishlist For Digital India Is Ready

ABP News  

New Delhi: With the Union Budget 2022 just two days away, the tech industry is looking at Finance Minister Nirmala Sitharaman with hopes that she would present a budget for the year 2022-2023 that fulfills their expectations. With progressive initiatives such as Digital India, we hope that in the current budget the government will extend export linked incentives especially to …

India’s public cloud services spending to touch $7.3 billion
3 years, 1 month ago

India’s public cloud services spending to touch $7.3 billion

The Hindu  

India’s cloud adoption has accelerated since the pandemic started and the double-digit growth in public cloud is expected to continue in the next year as well, according to research and advisory firm Gartner. The country’s public cloud services end-user spending is forecast to total $7.3 billion in 2022, up 29.6% from the previous year. IaaS and SaaS will make up …

India’s data centre industry capacity to double by 2023
3 years, 4 months ago

India’s data centre industry capacity to double by 2023

The Hindu  

India’s data centre industry is expected to double in capacity by 2023, driven by digitalisation and rising cloud adoption, according to property consultant JLL. The industry consumed nearly 500 MW of data in the first half of 2021 in the country and is expected to exceed 1 GW in the next two years, according to the report titled ‘H1 2021 …

Microsoft in talks with Telangana to set up Rs 15,000-crore data centre
3 years, 5 months ago

Microsoft in talks with Telangana to set up Rs 15,000-crore data centre

India TV News  

Global techgiantMicrosoft is in discussions with the Telangana government on a proposal for setting up one of its largest data centres with an investment outlay of about USD 2 to 2.25 billion here, sources close to the development said on Thursday. Microsoft is slated to add data centres in at least 10 more countries this year, and the company is …

Reliance Jio plans $950 million data centre in Uttar Pradesh
3 years, 10 months ago

Reliance Jio plans $950 million data centre in Uttar Pradesh

Hindustan Times  

Reliance Jio Infocomm Ltd, India’s largest wireless operator, plans to build a data centre in Uttar Pradesh at an investment of around $950 million, two people aware of the development said. Reliance Jio’s data centre plan comes against the backdrop of the government projecting India’s digital economy to grow to $1 trillion by 2025. The Centre also plans to implement …

Covid accelerated demand for cloud, network solutions: NTT Global Data Centers
4 years, 3 months ago

Covid accelerated demand for cloud, network solutions: NTT Global Data Centers

Live Mint  

MUMBAI: Massive dependence on cloud services from businesses of all sizes resulted in record booking for Global Data Centers division of NTT in India during the June quarter, said senior officials of the company. We will be fulfilling the demand over the next couple of years but in terms of booking this was our best ever quarter," said Sharad Sanghi, …

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