Anant Raj Cloud Joins Forces with Google to Power India's Digital Revolution
Real Estate News - Get the latest updates on India's data center market and its growth potential...
Anant Raj CloudGoogleIndia Digital GrowthData Center MarketCloud ComputingReal Estate MumbaiJul 21, 2024
Under the agreement, Anant Raj Cloud will be responsible for offering data center infrastructure, managed services, and cloud solutions. The company will also develop innovative technological solutions tailored to customer needs, focusing on AI-infused applications for data infrastructure, productivity, and security.
Currently, Anant Raj Cloud is developing data centers with a total IT load capacity of 300 MW across locations in Manesar, Rai, and Panchkula. The initial phase at Manesar is already operational. The company owns significant land assets for these projects, including 1.2 million square feet on a 10-acre site in Manesar, 2.1 million square feet on a 25-acre plot in Rai (with potential for capacity doubling), and 500,000 square feet on a 10-acre plot in Panchkula, with options for expansion.
India, the world's second-fastest-growing digital economy, is witnessing substantial growth in its data center market, with cloud spending expected to increase at a CAGR of 30%. Industry experts predict a robust demand for approximately 20 million square feet of data center space across key Indian cities over the next four to five years.
Recent transactions in the Indian data center market have involved over 500 acres of land for development. Mumbai leads with 45% of these transactions, followed by Hyderabad at 26% and Pune at 14%. This growth highlights India's increasing significance as a hub for data center investments and digital infrastructure.
About Anant Raj Anant Raj is a New Delhi-based real estate developer with a diverse portfolio of residential, commercial, and infrastructure projects.
Information The Indian data center market is expected to grow exponentially in the coming years, driven by the increasing demand for cloud services, big data analytics, and IoT applications.
Frequently Asked Questions
What is the aim of the partnership between Anant Raj Cloud and Google?
The partnership aims to enhance data center infrastructure and provide comprehensive cloud platform services to various public and private enterprises.
What is the total IT load capacity of the data centers being developed by Anant Raj Cloud?
The total IT load capacity of the data centers being developed by Anant Raj Cloud is 300 MW across locations in Manesar, Rai, and Panchkula.
What is the expected growth rate of cloud spending in India?
Cloud spending is expected to increase at a CAGR of 30% in India.
Which city leads in terms of data center transactions in India?
Mumbai leads with 45% of the data center transactions in India, followed by Hyderabad at 26% and Pune at 14%.
What is the estimated demand for data center space in India over the next four to five years?
The estimated demand for data center space in India is approximately 20 million square feet over the next four to five years.
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