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Data Centre

Investment commitments in data centres may cross $100 bn by 2027: Report

India's data centre capacity is estimated to reach 2,070 MW by the end of 2025

Investment commitments in data centres may cross $100 bn by 2027: Report
Updated On : 11 Dec 2024 | 4:57 PM IST

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

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. Real estate consultant CBRE South Asia on Wednesday released report '2024 India Data Centre Market Update'. "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. Between 2019 and 2024, India attracted investment commitments totalling more than USD 60 billion from both domestic and international investors, it added. Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh and West Bengal emerged as the leading states in terms of cumulative investment commitments. CBRE report anticipates "India surpassing USD 100 billion in cumulative investment commitments by the end of 2027". India's data centre market is experiencing

India's data centre market attracts $60 bn investment during 2019-24: CBRE
Updated On : 11 Dec 2024 | 3:55 PM IST

Nvidia, Vietnam govt sign pact to jointly build AI research, data centres

Nvidia also said it has acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup, but didn't provide the value of the deal

Nvidia, Vietnam govt sign pact to jointly build AI research, data centres
Updated On : 05 Dec 2024 | 9:50 PM IST

Akash Systems wins $27 mn contract from NxtGen to provide cooling servers

Deal will help NxtGen in providing energy-efficient AI computing solutions

Akash Systems wins $27 mn contract from NxtGen to provide cooling servers
Updated On : 04 Dec 2024 | 5:01 PM IST

Meta seeks new nuclear reactors as reliable source to run US data centres

Meta is racing to line up clean energy to meet the massive electricity needs of its artificial intelligence ambitions

Meta seeks new nuclear reactors as reliable source to run US data centres
Updated On : 04 Dec 2024 | 8:01 AM IST

India must become self-reliant in space data needs: IN-SPACe chief Goenka

Space sector regulator IN-SPACe's chairman Pawan Goenka on Monday said India faces significant gaps in meeting all its space data needs and remains heavily reliant on foreign providers. Addressing the GeoSmart India 2024 conference in Hyderabad, he also said without the geospatial industry growing, India cannot achieve its vision of being a Viksit Bharat by 2047. "Are all our data needs met today? My answer is definitely not... Affordability, low resolution data, high resolution data -- not enough, Goenka said. He said despite abundant data from Indian Space Research Organisation (ISRO), it falls short of providing "anytime, anywhere, any resolution" capabilities. Goenka said one of the first steps a country must take is to become self-reliant in data. "Currently, ISRO is the only Indian source, and there is a high dependency on foreign sources. I am not suggesting that we generate all the data ourselves, but all strategic data must be produced from sources within India," he ...

India must become self-reliant in space data needs: IN-SPACe chief Goenka
Updated On : 02 Dec 2024 | 8:17 PM IST

RMZ, Colt DCS to invest $1.7 billion in Indian data centre market

The data centres will have a combined capacity of approximately 250 MW on completion

RMZ, Colt DCS to invest $1.7 billion in Indian data centre market
Updated On : 19 Nov 2024 | 5:13 PM IST

Black Box eyes $2 billion revenue in 4 years on rising AI, data demand

Black Box has increased its focus on modular data centres and prefabricated solutions, which are designed to accelerate project timelines and cater to hyperscale needs

Black Box eyes $2 billion revenue in 4 years on rising AI, data demand
Updated On : 14 Nov 2024 | 4:28 PM IST

Amazon to invest $1.3 bn in Italy data centre biz to boost cloud services

The investment would support up to 5,500 jobs through 2029 across the AWS data centre supply chain, the company said in a statement

Amazon to invest $1.3 bn in Italy data centre biz to boost cloud services
Updated On : 07 Nov 2024 | 4:55 PM IST

Airtel's Nxtra to invest Rs 5k cr to double capacity in 3 yrs; deploys AI

Bharti Airtel's data centre company Nxtra plans to invest Rs 5,000 crore to double its capacity to around 400 megawatt over the next three years, the firm said on Wednesday. The company had earlier set a target of reaching around 400 megawatt capacity by 2025. Nxtra said it has become the first data centre in India to leverage AI to build digitised facilities engineered to drive smart capabilities like predictive maintenance, enhanced operational and energy efficiency, streamlined automation of operations and optimised capex utilisation. Nxtra CEO Ashish Arora said the company will make a "Rs 5,000 crore investment over the next three years to double the Nxtra capacity to around 400 megawatt". He said Nxtra has deployed the AI-powered SmartSense platform of Ecolibrium in the Chennai data centre and will now deploy capabilities across all its core data centres. With the deployment, Nxtra aims to achieve a 10 per cent increase in asset life through real-time performance analytics to

Airtel's Nxtra to invest Rs 5k cr to double capacity in 3 yrs; deploys AI
Updated On : 06 Nov 2024 | 11:34 PM IST

Nxtra to invest Rs 5,000 cr to double its capacity to 400 MW in three years

In line with its mission to build future-ready data centre infrastructure that is intelligent by design and sustainable, Nxtra has deployed AI in its data centres to drive operational excellence

Nxtra to invest Rs 5,000 cr to double its capacity to 400 MW in three years
Updated On : 06 Nov 2024 | 11:23 PM IST

Nara Lokesh pitches Vizag to Google Cloud CEO for setting up data centre

Andhra Pradesh's IT and Electronics Minister Nara Lokesh has pitched port city of Vizag in his state for setting up a data centre to Google Cloud CEO, saying the new government in the state has taken various initiatives for supporting industry that will help it transform into a cloud infrastructure hub. The state is focused on setting up data centres in Visakhapatnam and the minister invited Google Cloud to establish its data centre in the port city. As part of his mission to attract investments during his ongoing visit to the United States, Lokesh visited the Google campus in San Francisco where he met Google Cloud chief executive Thomas Kurian, its global networking vice-president Bikas Koley, vice-president of its business applications Rao Surapuneni, and vice-president of Google Maps Chandu Thota. The minister asked all these top echelons of Google to consider setting up of a data centre in Visakhapatnam under Public-Private Partnership (PPP) mode. "Under the visionary leadersh

Nara Lokesh pitches Vizag to Google Cloud CEO for setting up data centre
Updated On : 31 Oct 2024 | 8:10 PM IST

Data centre capacity to more than double to 2,100 MW by FY27: ICRA

India's data centre capacity is expected to reach 2,000-2,100 megawatts (MW) by FY2027, with anticipated investments of Rs 50,000-55,000 crore fuelled by digital boom and data localisation efforts, according to credit rating agency Icra. The current capacity stands at 950 MW, with major players like NTT Global Data Centers, CtrlS Data Centres, STT Global Data Centers, Sify Technologies and Nxtra Data controlling 85 per cent of the market (as of March 2024), Icra said in a statement. Icra Vice President Anupama Reddy said the surge in data generation and the push for data localization are driving a transformative shift in India's data centre landscape. "The low data tariff plans, access to affordable smartphones, adoption of new technologies and growing user base of social media, e-commerce, gaming and OTT platforms are some of the key triggers for data explosion," she said. Moreover, artificial intelligence (AI) led demand, which is expected to increase multi-fold in the next 3-5 .

Data centre capacity to more than double to 2,100 MW by FY27: ICRA
Updated On : 22 Oct 2024 | 3:35 PM IST

Amazon, Google, Microsoft looking at N-power for emission-free electricity

Microsoft, Google and Amazon have recently struck deals with operators and developers of nuclear power plants to fuel the boom in data centres

Amazon, Google, Microsoft looking at N-power for emission-free electricity
Updated On : 17 Oct 2024 | 11:47 PM IST

Schneider Electric to buy data centre cooling firm Motivair for $850 mn

The US is the largest market but demand for data centres is growing elsewhere too

Schneider Electric to buy data centre cooling firm Motivair for $850 mn
Updated On : 17 Oct 2024 | 11:58 AM IST

Indian data should remain in Indian data centres, says Akash Ambani

Ambani also urged the government to expedite the draft of the 2020 data centre policy

Indian data should remain in Indian data centres, says Akash Ambani
Updated On : 15 Oct 2024 | 11:11 PM IST

Data centres in India pivot to strategic artificial intelligence focus

The Ministry of Electronics and Information Technology has also signed an agreement with Nvidia for 10,000 GPUs, which will be allocated to startups

Data centres in India pivot to strategic artificial intelligence focus
Updated On : 07 Oct 2024 | 11:30 PM IST

Uttarakhand CM reviews cybersecurity after cyberattack on data center

Chief Minister further ordered that a disaster recovery centre should be established for the security of the online platform and recovery of online data related to various departments

Uttarakhand CM reviews cybersecurity after cyberattack on data center
Updated On : 06 Oct 2024 | 7:06 AM IST

Data centre emissions witness growth: Is AI or climate change to blame?

Three of the biggest tech companies, Microsoft, Google and Meta, have reported ballooning greenhouse gas emissions since 2020

Data centre emissions witness growth: Is AI or climate change to blame?
Updated On : 03 Oct 2024 | 12:39 PM IST

PDG plans infusing $1 bn for expansion in India amid AI data center boom

The investment will bring PDG's capacity to 230 MW across two major hubs, Mumbai and Chennai

PDG plans infusing $1 bn for expansion in India amid AI data center boom
Updated On : 19 Sep 2024 | 4:58 PM IST