Summary:

According to Avendus Capital, India's data centre business is poised for significant expansion, with capacity projected to increase from 1.1 GW in 2024 to 3 GW by 2030. Annual investments of Rs. 8,582-12,870 crore (US$ 1-1.5 billion) are expected to quadruple. Rising data utilisation, artificial intelligence, cloud adoption, and data localisation are all growth drivers. By 2033, demand might reach 6 GW, resulting in a 1.5 GW supply imbalance between core and developing countries.

Government incentives such as subsidised land banks and power tariff exemptions are accelerating data centre capacity construction. While giants such as STT GDC and Sify continue to dominate, new companies are emerging to fulfil the expanding corporate demands. Anant Raj Ltd, situated in Delhi-NCR, proposes to invest ₹18,000 crore (US$ 2.1 billion) to increase capacity from 28 MW in FY26 to 307 MW by FY32. This expansion would be backed by pre-zoned sites, solid rules, and reliable electricity connections.

Source: IBEF

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