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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.
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India's data centre industry is expected to double in size to 23 million sq ft and attract $10 billion in investment within the next three years, according to a report by CII-Colliers. Factors driving this growth include increased data consumption, a favorable regulatory framework, and significant investments in the sector.
Reliance will initially invest about $46.2 million in units of Mercury Holdings SG Pte, which is a joint venture (JV) between Brookfield Infrastructure and US-based real estate investment trust Digital Realty.