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Welcome To IANS Live - BUSINESS - India to see Rs 1 5 lakh cr worth investment in data centres in next 6 years

The industry revenues are expected to increase at a CAGR of around 17-19 per cent during FY2023-FY2025, supported by an increase in capacity utilisation and ramp-up of new data centres, according to credit rating agency ICRA.To c

India to see Rs 1 5 lakh cr valued investment through data centers in the next 6 years

Amid the growing data localization demand in India, the country is likely to witness 4,900-5,000 MW of capacity.

Data centres to attract Rs 1 5 lakh crore investments in 6 years: ICRA

A data centre (DC) revolution is happening in India with about 5,000 MW capacity involving an outlay of Rs 1.50 lakh crore are likely to be added over the next six years, said ICRA.Data localisation and data explosion are paving the way for a .

Data centres to attract Rs 1 5 lakh cr in investments in 6 years for India

The investments will be further aided by favourable regulatory policies like the draft Digital Data Protection Bill.

Cement companies to witness lowest operating margins in last seven years in FY2023: ICRA

ICRA in its recent report has analysed the demand-supply scenario and the input costs pressure on operating margins in FY2023 for cement companies.

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