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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.

- Press Trust of India

Data centre mkt attracts $60 bn investment commitment in 6 yrs

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.

FLERE HISTORIER FRA Hindustan Times West UP

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AUSSIE CRICKETERS MOLESTED AT INDORE, ACCUSED ARRESTED: POLICE

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Hindustan Times West UP

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All infiltrators will be deported: Amit Shah

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time to read

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1/5th of candidates in Bihar fray are scions

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Trump begins Asia tour, likely to meet Xi

ABOARD AIR FORCE ONE: US President Donald Trump headed for Asia on Saturday and high-stakes trade talks with Chinese counterpart Xi Jinping, saying that he would also like to meet North Korean leader Kim Jong Un on his trip.

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