Team Blitz India
NEW DELHI: India’s data centre industry to attract an investment of $ 5.7 billion by 2026 amid the growing demand for AI (Artificial Intelligence) says a report by real estate and investment management company, JLL.
The report highlights that India’s data centre industry will add 791 MW capacity by 2026 and this expansion will lead to a demand of 10 million sq ft of real state space.
“The Data Centre (DC) industry in India is set to witness remarkable growth, with projections of adding 791 MW capacity by 2026. This expansion will drive demand for 10 million sq. ft. of real estate space, attracting investments worth $5.7 billion” said the report.
A data center is a facility that centralizes an organization’s IT operations and equipment to store, process and transfer data and applications.
The report highlights that growth in computing power and the resulting new applications are expected to drive strong demand for DC industry over the medium term. The expected demand of the Indian data centre industry to reach 650-800 MW during 2024-26.
