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Data Storage Industry
India's data centre industry is on the brink of exponential growth, with total capacity expected to reach 3 GW by 2030, according to a report. The sector is also seeing a surge in annual investments, currently at USD 1-1.5 billion (around Rs 12,870 crore), and this figure is expected to double in the coming years, according to the report A Multi-Year Growth Proxy on India's Data Explosion and Localisation Wave by Avendus Capital. The data centre capacity of the country was estimated at 1.1 GW in 2024. Rising data consumption, AI and cloud adoption, and policy initiatives focused on data localisation are the main drivers of data centre demand, the report stated. The demand is expected to reach around 6 GW by 2033, but the supply is expected to be only 4.5 GW, leaving a gap of 1.5 GW. Much of the demand is expected to be met through large-format, hyperscale-ready infrastructure in core markets, alongside edge-ready capacity in Tier 2 and Tier 3 cities for latency-sensitive workloads
Rising demand from emerging and small cities and scalable solutions like edge centres are expected to boost the data centre infrastructure in India in the coming years, a top official of data centre operator NES Data said on Friday. Mumbai and Chennai account for around 70 per cent of India's total data centre capacity, but the future of data infrastructure lies in the rise of edge and containerised data centres, especially across Tier II cities and remote areas, NES Data founder and Managing Director Umesh Sahay said. Pune-based NES Data is a leading infrastructure-as-a-service entity specialising in colocation services and Storage-as-a-Service. It is developing edge and containerised data centres across the country that are expected to go online by next month. We believe edge and containerised data centres are set to democratize data access, enabling low-latency, high-efficiency solutions for India's AI-first digital ecosystem, particularly in Tier II and remote towns and cities,
Digital file sharing and cloud storage service provider DigiBoxx on Wednesday announced the launch of a new data storage solution for corporates and individuals. Megh3 will provide customers with fast, simple, elastic storage solutions at their fingertips at attractive pricing, combining both simplicity and affordability, the domestic software as a service (SaaS) based digital storage platform said in a release. Megh3 will be available at Rs 1,299 per month for storing up to 1TB data, it said. Megh3 protects and retrieves data at any time from anywhere on any device, helping streamline workflows, unifying brand inventory across multiple touchpoints, allowing teams to function effectively and in sync, the company said. Arnab Mitra, CEO, DigiBoxx, said, "...we have put tremendous effort into adding new features, keeping in mind the myriad data storage requirements of customers. I am confident that Megh3 will be instrumental in bringing about organizational transformation as it afford