THE Coming Data Centre Boom

As AI and accelerated digitisation take centre stage, data centre business is headed for a multi-decadal growth story.

- RUKMINI RAO

THE RACE FOR the world’s most valuable company has seen technology giants NVIDIA, Microsoft and Apple battling it out daily on Wall Street since the beginning of this year. In September last year, NVIDIA CEO Jensen Huang visited India to enhance his presence in a market where his rivals are already deeply entrenched, announcing partnerships with Tata Group and Reliance Industries Ltd. to build AI infrastructure for India and create supercomputing data centres. “AI could be built in India, used in India, and exported from India,” Jensen said.

At the centre of the tie-ups are data centres, which have become ever-more critical, thanks to digitisation and rapid adoption of AI by businesses to boost efficiency, cost effectiveness and R&D. And though India is still at a nascent stage in data centre capacity or hosting ability compared to global peers, on offer is a booming market, set to grow exponentially in the coming years.

Capacity & Revenue Landscape