New Delhi: India has emerged as the leading country in the Asia-Pacific region (excluding China) in terms of data centre capacity, surpassing major nations such as Australia, Hong Kong SAR, Japan, Singapore, and Korea, with a capacity of 950 MW, as per a recent private report released on Wednesday.
Additionally, India is projected to witness the highest capacity addition of 850 MW during the period of 2024-2026, surpassing other significant APAC countries, according to the findings published by real estate consultancy CBRE.
The report highlights India’s data centre sector as a promising investment opportunity due to its resilience and potential for attractive returns. It notes that between 2018 and 2023, the sector attracted investment commitments exceeding USD 40 billion from both global and domestic investors.
Furthermore, the report underscores the sector’s rapid expansion, citing an addition of 255 MW of new supply in 2023 compared to 200 MW in 2022, resulting in a total stock of approximately 1,030 MW by the end of the year. It anticipates continued growth in 2024, with planned supply exceeding 330 MW across various cities, potentially increasing the stock by 30 percent annually to reach around 1,370 MW.
