An investment of USD 3.7 billion (about Rs 27,000 crore) will be required over the next three years to develop six million sq ft space for the data centre sector, according to a report by JLL India.
The Indian data centre industry is expected to add 560 MW capacity during the 2021-23 period, the property consultant said.
“India’s data centre sector will require an investment of USD 3.7 billion over the next three years in order to fulfil the 6 million sq ft greenfield development opportunity for the industry,” JLL India said in a statement.
The data centre industry is expected to grow exponentially to reach 1,007 MW by 2023 from its existing capacity of 447 MW.