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India's data centre market attracts $60 bn investment during 2019-24: CBRE

Business Standard LogoBusiness Standard1d ago

India's data centre market attracts $60 bn investment during 2019-24: CBRE - Business Standard

Quick Summary:

India's data centre market has attracted investment commitment of USD 60 billion in the last six years and the cumulative inflow is estimated to surpass USD 100 billion by 2027-end, according to CBRE.

"The Data Centre (DC) market in India has experienced substantial investment from global operators, real estate developers, and private equity funds seeking to capitalise on the country's burgeoning market," the consultant said.

Real estate consultant CBRE South Asia on Wednesday released report '2024 India Data Centre Market Update'.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-12-11 @ 15:55:54 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 16 lines

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Copyright Owner: © Business Standard

News ID: 24351878

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