TS QUICKEST TO TAP INTO DEMAND FOR DATA CENTRES

Telangana and Maharashtra are among the states to tap quickly into the growing demand for Data Centres by coming up with several incentive schemes for the sector. Jharkhand and CG too have formulated policies for the IT–ITeS segment as well as introduced a single-window clearance system to encourage investors. According to CBRE South Asia Pvt. Ltd report, India has seen the growth of Data Centres across all key cities, including Mumbai, Chennai, Bangalore and Hyderabad. Most of the demand for data centers in the country is being generated by businesses relying on internet communication and data storage.

However, Mumbai, followed by Bengaluru and NCR has the highest number of Data Centre operators in the country. Considering growing adoption of cloud computing, IoT and Big Data, the demand for Data Centres to spread across different types of businesses is increasing. Furthermore, growing dependency on internet services and these advanced technologies for data management have provided additional impetus to the demand for high-quality Data Centres.

The report noted that India despite having immense potential to become a Data centre hub in the Asia Pacific region, has several hurdles in this path. Several states in India are yet to formulate policies for this segment. Cumbersome approval process for the acquisition of infrastructure and prolonged environmental clearances also need to be addressed.

Anshuman Magazine, Chairman, India and South-East Asia, CBRE said, “India holds massive potential to become the ‘next destination’ for data centres, driven by demand created by businesses. Overall, the DC market outlook looks positive on the back of the availability of land and a skilled talent pool along with a huge, untapped market.