India s data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.
Data Centres India: India s data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.
Alternatives had a 51% share of total inflows during Q4 2023, indicating strong demand in segments including data centres, student housing, life sciences, and schools. Overall, student housing accounted for about 60% of investment inflows within alternatives during the year, said Colliers.
Rollout of 5G services, global hyperscalers expanding their captive facilities and entry of new operators in India will ensure growth momentum, says Cushman and Wakefield report.