India's data centre capacity to double by 2027
India's data centre capacity to double by 2027
INDIA's data centre capacity will double by 2027 based on under-construction capacity, and may increase five times by 2030 if pipeline capacity is fast-tracked, according to a Macquarie Equity Research report.
The report titled 'Racks to Riches: India Data Centres' stated that India currently has 1.4 GW of operational data centre (DC) capacity, with 1.4 GW under-construction and another about 5 GW in the planning stage.
This would be bolstered by data localisation laws, enabling regulatory environment and subsidies from governments, and rising cloud adoption, among other 'tailwinds'.
Spotlighting the "giga-scale digital dreams", it said India's DC capacity will double by '27 based on under-construction capacity, and it may increase 5x by '30 if pipeline capacity is fast-tracked.
"Cumulative capex excluding servers could be $30-45 billion based on $4mn/MW (Sify prospectus) to $7m/MW (recent announcements). Key thematic tailwinds include data localisation laws, supportive regulatory environment and subsidies from central and state governments, rising enterprise cloud adoption, surge in mobile data demand and OTT content, and growth of digital-native businesses," it said.
