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India has emerged as the data center leader in the Asia-Pacific region (excluding China), surpassing countries like Singapore, Australia, South Korea, Japan, and Hong Kong in installed capacity. With 950 MW of installed capacity and an expected addition of another 850 MW by 2026, India is set to solidify its position in the data center business. The country's favorable market conditions are attracting multinational corporations seeking to expand their digital services. Investments in India's data center industry have exceeded $40 billion between 2018 and 2023, with significant commitments from...

The company had recently raised Rs 500 crore via Qualified Institutions Placement (QIP).

India's data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.

Data Centres India: India's data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.

Hyperscale data centres (DCs) dominated most of the investments with a share of about 89%, with colocation data centres accounting for the rest of 11%. Maharashtra, Tamil Nadu, West Bengal and Uttar Pradesh dominated in attracting the investment commitments.