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India has $9bn data centre investment in planning stage

Fiinews by Fiinews
November 7, 2021
in Investment, Technology
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Fresh investments of $4.6bn have been announced in Feb-Mar 2021

The data center industry in India has approximately US$9 billion of investment in the planning stage, having attracted of US$396 million in 2020, according to a ResearchAndMarkets report on “Data Centre Market in India and Outlook Till 2025”.

As per industry estimates, data centers in India received US$977 million of private equity and strategic investments since 2008 of which 40% was infused between January-September 2020.

Fresh investments of US$4.6 billion have been announced in the country’s data center industry during February-March 2021.

Of the IT infra spending, enterprise networking holds the maximum share, followed by servers, said the report on 5 Nov 2021.

Further, within IT infrastructure market, spend on servers was estimated to be US$860 million in 2020, up from about US$658 million in 2015.

Data center IT infrastructure investments including total spending on servers, storage, networking, security and virtualization witnessed a growth of approximately 21.4% from 2015 to 2020, said the report.

India Data center Hosting and Colocation market has been largely dominated by captive data centers with share of colocation increasing over the last decade, noted the report.

From a share of 20% observed in 2010, Colocation data centers presently hold nearly 45% of over all data centers in the country. As per the industry estimates, there are about 126 colocation data centers in India spread across India spanning across 7.5 million sq ft of area with a cumulative IT power capacity above 590 MW.

The report covered Nxtra Data, Adani, Reliance, L&T, Siemens, Rockwell, Honeywell, NTT, Bharti Airtel, Tata, AtoZ, IBM, NxtGen, Schneider Electric, ABB and Delta. #investments #technology /fiinews.com

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