Data centres

India Positioned as Global Hub for Data Centres: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal has emphasized India's potential to become a global hub for data centres. Speaking at the Thuglak 55th-year anniversary program in Chennai, Goyal highlighted efforts to enhance the country's infrastructure and boost investments in the technology sector. Goyal pointed out that India’s interconnected power grid, established within three years by the Union Government, has eliminated cost differences between northern and southern regions. He noted...

December 23, 2024 2:30 PM

India’s data centre capacity to more than double by fiscal 2027: Crisil report

The capacity of India's data centre industry is poised to more than double to 2-2.3 GW by fiscal 2027, driven by accelerating digitalisation across the economy, according to a recent Crisil Ratings report. This growth is largely attributed to enterprises investing heavily in cloud storage solutions to meet rising demands. The report highlights the increasing adoption of Generative Artificial Intelligence (GenAI) as a key factor propelling data centre demand. GenAI's requirements for higher comp...