India's data centre capacity to double in three years: CareEdge

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New Delhi [India], March 27 (ANI): Indias data centre industry has entered the growth stage, and the capacity is expected to double up in the next three years, from approximately 0.9 Gigawatts (GW) in 2023 to 2 GW in 2026, according to CareEdge Ratings...

This additional capacity built up has created substantial investment prospects due to the estimated capex requirement of Rs 50,000 crore in the next three years...

CareEdge Ratings report highlights significant under penetration of data center capacity in India...

However, the project execution challenges, in terms of land and equipment availability and management of vendor ecosystem needs to be addressed for the fructification of the planned capacity addition planned, said Puja Jalan, Associate Director, CareEdge Ratings.. Further, cost per MW of setting up data center has also been rising with costs escalating to levels of Rs 60-70 crore per MW from average per MW cost of Rs.40 Rs.45 crore, added Puja Jalan...

Share of Edge data center is also expected to increase for meeting growing demand from tier II and tier III cities for ensuring lower latency, said Maulesh Desai, Director, CareEdge Ratings..