India's Data Center Boom: A Technological Leap

21 Nov 2024 , 02:53 PM

The rising integration of artificial intelligence (AI) across industries, the widespread use of cloud storage solutions by both consumers and enterprises, and the expedited statewide implementation of 5G technology are all expected to propel India’s data centres towards exponential growth.

In order to serve India’s quickly changing digital ecosystem, there is an unprecedented demand for reliable, scalable, and secure data infrastructure due to the convergence of disruptive technologies. These assets are becoming the most alluring growth prospect for major developers and international institutional investors against the backdrop of growing demand.

According to data from JLL India, the combination of these factors is anticipated to drive the boom, increasing the nation’s data centre capacity by 66% over the following two years by 2026, drawing in investments of almost $4 billion, and adding assets spread across 7.3 million square feet.

With a $1.7 billion investment, COLT DCS, a hyperscale and big enterprise data centre operator, partnered with RMZ earlier this week to meet the growing need for data centres and introduce a platform for the development of digital infrastructure in the Indian market.

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