India's Data Centre Industry Sees Unprecedented Growth: A Survey by Savills India
India's data centre industry has witnessed remarkable growth, with the total power capacity nearly doubling to 200 MW in the first half of 2024, according to a report by Savills India, a renowned real estate advisory firm.
Data CentreIndiaReal EstateCloud ComputingDigital EconomyReal Estate PuneAug 01, 2024
The report highlights the growing demand for data centre services in India, driven by the increasing adoption of digital technologies such as cloud computing, artificial intelligence, and the Internet of Things (IoT). This demand is expected to continue to grow in the coming years, driven by the government's initiatives to promote digitalization and the growth of the digital economy.
Savills India is a leading real estate advisory firm that provides a range of services, including property consulting, research, and transaction advisory. The company has a strong presence in India, with offices in major cities such as Mumbai, Delhi, Bengaluru, and Pune.\n\nAccording to the report, the major cities in India, such as Mumbai, Delhi, Bengaluru, and Pune, are emerging as major hubs for data centres, driven by the availability of infrastructure, skilled talent, and government support. Pune, in particular, has emerged as a major hub for data centres, with several major players setting up their facilities in the city.
The growth of the data centre industry in India is expected to continue in the coming years, driven by the increasing demand for digital services and cloud infrastructure. However, the industry also faces several challenges, including high real estate costs, inadequate infrastructure, and regulatory hurdles. To overcome these challenges, the government and private players must work together to create an enabling environment for the growth of the data centre industry.
In conclusion, the Indian data centre industry has witnessed remarkable growth in recent years, driven by increasing demand for digital services and cloud infrastructure. The report by Savills India highlights the growing demand for data centre services in India and the emergence of major cities such as Pune as hubs for data centres.
Frequently Asked Questions
What is driving the growth of the data centre industry in India?
The growth of the data centre industry in India is being driven by increasing demand for digital services and cloud infrastructure, as well as government initiatives to promote digitalization and the growth of the digital economy.
Who is Savills India?
Savills India is a leading real estate advisory firm that provides a range of services, including property consulting, research, and transaction advisory.
Which cities in India are emerging as major hubs for data centres?
The major cities in India, such as Mumbai, Delhi, Bengaluru, and Pune, are emerging as major hubs for data centres, driven by the availability of infrastructure, skilled talent, and government support.
What are the challenges facing the data centre industry in India?
The data centre industry in India faces several challenges, including high real estate costs, inadequate infrastructure, and regulatory hurdles.
What is the expected growth of the data centre industry in India?
The growth of the data centre industry in India is expected to continue in the coming years, driven by increasing demand for digital services and cloud infrastructure.
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