AI boom likely to trigger $3.8 billion flow into India's data centre industry: Report

India's Data Centre Industry is poised to surge 66 per cent by 2026, driven chiefly by artificial quality (AI) and the nationwide rollout of 5G technology, according to existent property advisory steadfast JLL India.

The country's Data Centre manufacture is expected to adhd a staggering 604 MW capacity, requiring 7.3 cardinal quadrate feet and $3.8 cardinal successful the adjacent 2 and a fractional years (H2 2024-2026), the JLL study states.

It highlights that India is rapidly establishing itself arsenic a planetary centre for AI innovation and information centre growth. Hyperscalers are progressively pursuing self-build projects successful large information centre hubs, portion operators are readying caller campuses powered by 400 kVA lines to enactment AI clusters.

The maturation is expected to beryllium fuelled further by important authorities initiatives, including the support of a $1.24 cardinal concern successful AI infrastructure. Additionally, 5G web sum is estimated to person reached implicit 90 per cent of India's colonisation by the extremity of 2023.

In the archetypal fractional of 2024 (January to June), the Data Centre manufacture already reached a capableness of 917 MW with an awesome 873 MW occupancy, indicating highly choky marketplace conditions. Over the past 4 and fractional years (2019-H1 2024), the assemblage has expanded 2.5 times, increasing astatine a singular 24 per cent CAGR (compound yearly maturation rate).

“Navi Mumbai, a outer metropolis adjacent Mumbai, is emerging arsenic a cardinal information centre location, with imaginable request expected to scope 800 MW successful the adjacent fewer years. The propulsion for AI-ready infrastructure, combined with the transformative power of 5G, is revolutionizing India's integer ecosystem and positioning the state arsenic a person successful technological advancements,” said Rachit Mohan, APAC pb - Data Centre Leasing, JLL.

Samantak Das, main economist astatine JLL India, said, "Mumbai is expected to support its marketplace leadership, portion we expect important maturation successful Chennai and different regions. This enlargement is not lone driving request for specialized skills but besides creating opportunities crossed backward-linked industries. "

As India positions itself astatine the forefront of technological advancement, the information centre industry's maturation is acceptable to person far-reaching implications for the country's integer infrastructure and economy. The industry's enlargement is not lone creating caller occupation opportunities but besides driving innovation crossed assorted sectors, solidifying India's presumption arsenic a planetary tech powerhouse, the study added.