Home / Economy / News / States charge up for a data centre boom as global majors bet big on India

States charge up for a data centre boom as global majors bet big on India

An inevitable rise in land prices in such areas is also a cause for concern

Premium

India’s data centre industry has around 499 megawatt (MW) of critical information technology capacity, of which seven cities account for 490 MW

Shine Jacob Chennai

5 min read Last Updated : Feb 01 2022 | 6:02 AM IST

In her 2020 Union Budget speech, Finance Minister Nirmala Sitharaman outlined a national data policy, citing the truism that data is the new oil. Some months before that, in 2019, Europe’s largest data centre hubs, Amsterdam and Singapore, which accounted for 60 per cent of Southeast Asia’s data centre supply, had announced a pause citing reasons from higher power intake to environmental sustainability.

On Tuesday, as Sitharaman delivers her fourth Budget speech with some expected announcements on driving “Digital India”, Singapore has lifted its moratorium with a condition on “sustainability” and India is slowly starting to fill the gaps created

Topics : Data centre Budget 2022 Indian Economy

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in