CapitaLand Group will be investing Rs 11000 crores over the next five to six years with a plan to create a large infrastructure and expand its data centre footprint across 5-6 major metros in India.
“The first project will be in Navi Mumbai (Airoli) with a build capacity of 90 MW to be developed in two phases, to cater to large Hyperscaler and Enterprise segment of customers through the BTS route, said Surajit Chatterjee, Managing Director, Datacentre India, CapitaLand in a LinkedIn post.
He further explained that the Indian data centre Industry space is expected to double up its IT Load in the next few years and will continue to record multiple digits growth in the future as well, such as the scale and scope of the Digital India initiative which aims to transform India into a Technology Empowered country.
“The latest move by the Government of India to confer “Infrastructure Status “to data Centres in the Union Budget 2022 is a step in the right direction,” added Chatterjee.
The need to set up data centre infrastructure in India comes against the backdrop of Data localisation norms under the proposed personal Data Protection legislation and for the protection of the digital sovereignty of India in an increasingly connected world.
CapitaLand had predicted this trend and has already ramped up investments in its India Datacentre business.
Experts from the data centre industry have been lauding the government’s decision of providing data centres the infrastructure status