Summary:
As a result of its expanding significance in the global digital economy, India has become the second-largest data center market in the Asia-Pacific area. A Cushman & Wakefield analysis claims that growing digital usage, cloud computing, artificial intelligence (AI), and data-intensive businesses have all contributed to the quick expansion of data center capacity. Particularly in Mumbai, Chennai, Hyderabad, Bengaluru, and Delhi-NCR, substantial investments have been drawn by favourable regulations, competitive operating costs, and growing digital infrastructure. With the help of highly qualified IT workers and rising need for high-performance computers, India is also becoming into a center for AI-driven infrastructure. Growth is being further accelerated by investments in communication, electrical infrastructure, and renewable energy. It is anticipated that the industry will boost digital skills, stimulate technical innovation across industries, and generate jobs.
Source: IBEF
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