Mantra Data Centres (MDC), a wholesale colocation provider and an independent data centre platform will invest $1 billion to develop data centres in India.
MDC will design, build and operate state-of-the-art data centre facilities with an initial IT load of 20MW in each of the key data hubs, which include Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata, the company said.
With a population of 1.3 billion, India’s digital growth has been fuelled by digitisation programmes by the Government, internet penetration, increased adoption of cloud, IoT, growing use cases for Augmented or Virtual Reality, Artificial Intelligence and roll out of 5G.
Further, the Data Residency Bill is expected to impact e-commerce, social media & BFSI companies as data will need to be stored locally, spurring further Data Center Investments into India.
“MDC is very well positioned for success in this growing market, with a strong management team, green sourced energy, 1st in class stakeholders, on-time delivery and the right locations to create a network of Tier III & IV data centers across India,” said Jaan M. Chainani, Co-Founder & Managing Director. “Our aim is to help our customers grow seamlessly in the midst of the digitalization of India.”
The total addressable Indian data centre market is estimated to surpass $8.5 billion by 2023 with an increasing share of third party data centres.
Global investment in data centres announced in the first half of 2021 has escalated to approximately $100 billion with India benefitting as the largest single market outside the US, according to a report by Headwind Consultants.
Mumbai is expected to be the leading DC hub in the country, according to a report by JLL, Jones Lang LaSalle.
Mumbai with 199 MW IT load is the leading data centre hub of the country with nine internet cable landing and assured power supply makes it a preferred location. Read: https://w.media/mumbai-expected-to-be-the-leading-dc-hub-of-india-jll-report/
Recently, Adani Enterprises was allotted over 34,275 sq metre of land in Noida to set up a data centre with an investment of around Rs 2,400 crore. The Noida data centre is likely to be ‘one of the largest data centres’ in the country.
In December 2020, Adani Group announced to set up a hyperscale data centre facility with an investment of around $340 million in Chennai.
Adani has also partnered with the global colocation service provider, EdgeConneX, to build and operate 1 GW of data centre campuses across the country, powered by renewable energy power plants in India. The deployment of on-premises infrastructure solutions continues to grow in the market.
Also, the National Payments Corporation of India, State Bank of India, National Payments Corporation of India, and Information Technology Department Tamil Nadu investing in their self-built facilities in the country.
