Friday, 24 March, 2023

Indian data centers to see 5x growth, Rs 1.20 lakh cr investment

<p>The growth of data centre capacity in India by both foreign and domestic enterprises is likely to add investments of Rs 1.05 lakh to 1.2 lakh cr over the next five years, according to credit rating agency ICRA. Large hyper-scalers such as Amazon, Google, Microsoft, Facebook, IBM, Uber, Dropbox, and others are driving expansion in the Indian data centre sector. Revenues are likely to expand at a CAGR of roughly 18-19%, according to ICRA.<br /> &nbsp;</p>