AI to drive ~500 MW data centre growth in India over 4 Years: Avendus Report

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AI to drive ~500 MW data centre growth in India over 4 Years: Avendus Report - YourStory

Quick Summary:

The report titled "Data Centres: Powering Digital India (Volume II)” reveals the surging demand of data centres, given the increasing adoption of AI workloads surpassing traditional cloud computing.

With an anticipated annual growth rate of about 26% over the next three years, the industry is drawing interest from various investors, including growth-stage private equity firms, pension funds, and sovereign wealth funds.

About 94% of the existing data centre capacity in India is concentrated in its seven largest cities.