Data Centre Sector To Grow To $8 Bn By 2026

The government of Maharashtra is proactively working on giving the Datacenter industry a fillip: Kaustubh Dhavse; Madhya Pradesh Government Unveils Plans for Massive Datacenter Farm in Indore-Dewas Corridor: Abhishek Anant; Resource and power efficiency metrics extremely important: Balaji Rajagopalan, Chief Technology Officer, State Bank of India

Star speakers presented their interesting insights at 5th CII Datacenter Summit

FinTech BizNews Service   

Mumbai, February 21, 2024: Kaustubh Dhavse, Officer on Special Duty to Deputy Chief Minister, Government of Maharashtra emphasized at 5th CII Datacenter Summit, how the Government of Maharashtra is proactively working with the Datacenter industry to give it a fillip. He added that the Government of Maharashtra is creating an enabling environment for the industry which has made Mumbai and Pune the hub of datacenters in India. 

Mr Abhishek Anant, Joint Director, In – Charge ( MP State Data Center ) M. P. State Electronics Department Corporation Ltd announced at the 5th CII Datacenter Summit that the Government of Madhya Pradesh is proposing a new datacenter farm between Indore and Dewas. The farm will be approximately 80 acres and will be 8.5 km away from Indore city.  He added that India can easily be the largest datacenter market with it already being one of the top data generators in the world. 

Customer expectations have increased leading to real time customer engagement and thus an increase in demand of datacenters said Mr Balaji Rajagopalan. He added that resource and power efficiency metrics are extremely important for the industry. 

Mr Sharad Sanghi, Chairman, CII Western Region Taskforce on Data Center & Chairman, NTT GDC India mentioned that Deployment of AI is one of the major drivers of Datacenters and the datacenter industry is expected to grow from $ 4.4 bn to $ 8 bn by 2026 led by Artificial Intelligence (AI), IoT (Internet of Things). He added that sustainability is of utmost importance, with third party datacenters reducing energy footprint led by efficiency in design. 

Mr Kamal Nath, Co – Chairman, CII WR Taskforce on Datacenter & Chief Executive Officer, Sify Technologies gave the closing remarks prioritizing data localisation and security. He added that design & real estate, plant and machinery innovations, robust network, renewable energy, and innovative financial models will support growth of the datacenter industry. India is the world’s 13th largest datacenter market with a capacity of 900 MW and expected to add 1,000 MW by 2025. Western region is expected to hold 60% share in the capacity installed, continuing its leadership position.

Mr Rahul Sharma, Chairman, CII WR CDIO Forum 2023 – 24 & Chief Information Officer, Tata Projects Ltd. stressed on making datacenters sustainable and scalable while emphasizing on data sovereignty. He added that India is an idle destination for setting up data centers.

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