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Updated March 27th 2025, 19:51 IST
India’s Data Centre Industry Skyrockets By 139% in 5 Years: Report
The data centre industry of India is now estimated to be worth ₹85,580 crores ($10 billion) for the financial year 2023–24 (FY24). Check Details:
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Data Centres in India: The data centre industry of India is now estimated to be worth ₹85,580 crores ($10 billion) for the financial year 2023–24 (FY24) and is generating around ₹10,270 crores ($1.2 billion) in revenue, according to a report by Anarock Capital. Four major data centre operators rule over the market and they are responsible for 78 per cent of the revenue of the industry. The report further stated that the growth profit was levelled after 2020 and it is anticipated to surge by 50 to 55 per cent as under-construction projects reach operational stability.
The report stated that the capital deployment has been strong, and ₹35,944 crores ($ 4.2 billion) have been invested on the ground till FY24. There is a split between ₹22,251 crores ($ 2.6 billion) in equity and ₹20,539 crores ($ 2.4 billion) in debt as of March 2024.
Investments from Private Equity, Joint Ventures and Acquisitions:
The private equity has invested more than ₹55,627 crores ($ 6.5 billion) in investments from private equity, joint ventures, and acquisitions in the data centre industry over the past decade.
Growth of the Data Centre Industry in India:
According to the report, the data centre industry has undergone skyrocketing growth. The total capacity has expanded by 139 per cent from 590 megawatts (MW) in 2019 to 1.4 gigawatts (GW) in 2024.
Who is driving this growth?
The major factor driving this growth of rising data centres in India is the rising population of Internet users in India. According to the report, in 2019, it was recorded at 33.4 per cent, which surged to 55.2 per cent in 2024.
What is the data consumption?
As per the report, the data consumption of the user has nearly doubled, wherein earlier only 11.5 GB of data was consumed to rising to 21.1 GB. Talking about the data consumption through mobile, the report stated that it has more than doubled to 32 GB from 13 GB.
Published March 27th 2025, 19:51 IST