Algo Rhythm: Data Centres are the new global infrastructure

The Data Centre information technology (IT) power capacity in India is expected to reach about 800 Mw during 2021-2024, progressing at a compounded annual growth rate (CAGR) of 16 per cent, according to a recent report by Praxis Global Alliance, a global management consulting and advisory firm. Data Centre revenue is progressing at a CAGR of 8 per cent, and is projected to reach $4 billion during the forecast period.