India / Bhārata: India's data center boom: Growth and projections
Aug 29, 2022 | Posted by MadalineDunn
India is currently experiencing a data center boom, an expansion that is only expected to grow. According to research, while the industry was previously fragmented, it is now evolving rapidly as the industry becomes more consolidated. Presently, there are 138 data centers spanning India, with 57% of the current IT capacity in Mumbai & Chennai.
The most recent ANAROCK-Binswanger report, ‘Under the Lens: India’s Data Centre Explosion,’ outlines that by the end of 2025, over 45 data centers spanning 13 million sqft and 1,015 MW of IT capacity are planned. Specifically, 69% of this new supply will be based in Mumbai and Chennai, with 51% solely in Mumbai.
Commenting on this, Devi Shankar, President – Industrial & Logistics and Data Centres, ANAROCK Capital, said: “The current size of the India data centre industry is approx. USD 5.6 billion and is bound to grow. The unprecedented crisis created by the COVID-19 outbreak has propelled the data centre business forward, providing an unexpected tailwind. Technology adoption and digitization across the sectors were fast-tracked globally and India also leap-frogged at least a decade in the last couple of years. The country’s total estimated data centre demand is expected to be 2,100 MW as of FY 2025, with a mix between hyperscalers and enterprises – 35:65 (excluding self-owned hyperscaler capacity).”
DC operators have also secured land for further expansion, and according to the report, there is additional potential for nearly 2,688 MW of future unplanned supply. Explaining what this means for the industry, Jeff Binwanger, Managing Partner, Binswanger, said: “Companies are really starting to relook where they are putting their operations globally, where they would like to relocate and where do they want to manufacture, distribute and set up their database and technology facilities. Data centres are currently a fulcrum for a lot of the decision-making, especially in Asia Pacific and in India.”
The most recent ANAROCK-Binswanger report, ‘Under the Lens: India’s Data Centre Explosion,’ outlines that by the end of 2025, over 45 data centers spanning 13 million sqft and 1,015 MW of IT capacity are planned. Specifically, 69% of this new supply will be based in Mumbai and Chennai, with 51% solely in Mumbai.
Commenting on this, Devi Shankar, President – Industrial & Logistics and Data Centres, ANAROCK Capital, said: “The current size of the India data centre industry is approx. USD 5.6 billion and is bound to grow. The unprecedented crisis created by the COVID-19 outbreak has propelled the data centre business forward, providing an unexpected tailwind. Technology adoption and digitization across the sectors were fast-tracked globally and India also leap-frogged at least a decade in the last couple of years. The country’s total estimated data centre demand is expected to be 2,100 MW as of FY 2025, with a mix between hyperscalers and enterprises – 35:65 (excluding self-owned hyperscaler capacity).”
DC operators have also secured land for further expansion, and according to the report, there is additional potential for nearly 2,688 MW of future unplanned supply. Explaining what this means for the industry, Jeff Binwanger, Managing Partner, Binswanger, said: “Companies are really starting to relook where they are putting their operations globally, where they would like to relocate and where do they want to manufacture, distribute and set up their database and technology facilities. Data centres are currently a fulcrum for a lot of the decision-making, especially in Asia Pacific and in India.”
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