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Data centre mkt attracts $60 bn investment commitment in 6 yrs
Hindustan Times West UP
|December 12, 2024
NEW DELHI: India's data centre market has attracted investment commitment of $60 billion in the last six years and the cumulative inflow is estimated to surpass $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 $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.
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