India's data centre capacity to double to 2,000 MW by 2026
India's data centre capacity is set to double to reach 2,000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday.
The growth plans have also created substantial investment prospects, with a likely capex of ₹50,000 crore in this space over the next three years till 2026, according to the report by CareEdge Ratings.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIT DelhiCertificate Programme in Data Science & Machine LearningVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitThe data centre industry is expected to clock a revenue growth of 32% during FY24-FY26.
While India generates about 20% of global data, in terms of data centre capacity, it has a share of just 3 per cent.
However, the wave of digitisation, driven by the expansion of e-commerce, fintech platforms, online streaming, and gaming services, is anticipated to increase the number of internet users and boost internet penetration — generating a robust demand for data centres.
«The capacity addition of 1.1 GW in data centre space needs to be corroborated with increased absorption in future/medium term, as cashflow stability is an important consideration for the debt-funded investments,» said Puja Jalan, Associate Director, CareEdge Ratings.
