Page 16 - Data Centre

Cloud and new tech shift, localisation law drive data centre push in India

The Indian Data Centre (DC) industry is expected to more than double to 1,007 Mw by 2023 from its existing capacity of 447 Mw, says a JLL report

India data centre capacity to rise over 4 times by FY26: Honeywell

Tech major Honeywell on Tuesday said its solutions for data centres are helping drive profitability for customers through reduced maintenance cost, optimised uptime and enhanced security. The Nasdaq-listed company, which is a global leader in connected buildings, said India's data centre capacity is forecast to rise 4.5X by FY25-26. About 30 per cent of capex cost is power-linked costs. "In India, we have about 600 megawatt capacity, capacity of data centre is measured in megawatts and today, capital for roughly about 1,000 megawatt capacity is committed...another about 1350 megawatt of capacity is in final stages of finalisation, the two together what we see is about 4x growth of the data centre capacity in the next four or five years," Ashish Modi, President at Honeywell Building Technologies Asia, told reporters. Honeywell's data centre solutions have a presence in over 62 countries and its platform for data centre is used in about 5,000 data centres across the globe, he added.

India's data centre industry capacity to double by 2023 to 1,008 MW: Report

The capacity of data centre industry is expected to double by 2023 to over 1,000 MW to meet the rising demand amid sharp growth in digitalisation, according to property consultant JLL

Mumbai tops APAC data centre capacity addition in Q1, says Report

The financial capital saw the highest addition of data centre capacity in the entire Asia Pacific region in the quarter ending March 2021, says an industry report

Yondr group, Everstone form JV for data centres with $1 bn initial capital

The first facility to be located in Mumbai Metropolitan Region, for which land and power have been acquired, will deliver 30 Mw by 2023 and 60 Mw of IT capacity when fully developed

Microsoft in talks with Telangana to set up Rs 15,000-crore data centre

According to sources in the state government, the company has zeroed in on a land parcel near Hyderabad for the facility

Brookfield Infrastructure, Digital Realty form JV for data centres

The venture will expand Brookfield Infra's global data portfolio of $23 billion in assets across data transmission, distribution and storage, and 139,000 telecom wireless towers India

Ascendas Trust to invest Rs 1,200 cr in first phase of India data centre

Singapore-based Ascendas India Trust, on Monday said it will invest an estimated Rs 1,200 crore to develop the first phase of its first data centre project in the country

RIL AGM 2021: JioPhone Next to 5G, and more announced under Jio Platforms

Here are the details of everything Mukesh Ambani announced under Jio Platforms at the Reliance Industries annual general meeting this year

Blackstone will take QTS Realty private in $10-billion all-cash deal

The equity value of the deal stands at $5.37 billion, according to Reuters calculations, based on 68.9 million outstanding shares, as of April 29

Mumbai's data centre capacity to grow more than 2-fold by 2023: JLL report

Mumbai's data centre capacity is likely to grow by more than two times its current capacity by 2023, according to a JLL report.

Rising demand for data centres with 5G, IoT adoption: Savills India study

An additional 15-18 million sq ft may be required by companies over next 4-5 years

Data centre sector requires $3.7 bn to develop 6 mn sq ft space: JLL

An investment of $3.7 billion (about Rs 27,000 crore) will be required over the next three years to develop six million sq ft space for the data centre sector, according to a report by JLL India

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

Intel launches 3rd Gen Xeon scalable processors for data centres

Intel on Wednesday launched its new 3rd Gen "Ice Lake" Xeon Scalable processors for data centres around the world including in India

Google to invest over $7 billion in US offices, data centers this year

This comes as the firm takes on a surge in internet traffic after pandemic restrictions drove more users and advertisers online

Adani forays into data centre business, sets up 50:50 JV with EdgeConnex

In addition to full-scale data centres, AdaniConneX will also develop a portfolio of Edge data centres strategically located across the country to address the need for more proximate capacity

Hiranandani group to develop industrial-data centre park in Bengal

The firm said it will invest around Rs 8,500 crore in the project

CapitaLand, Shapoorji Pallonji's PE arm to foray into data centre business

Such centres to witness $5 bn in investments till March 2025 and increase threefold in capacity: Crisil report

UP CM Adityanath lays foundation stone for Rs 6,000 cr data centre in Noida

Uttar Pradesh Chief Minister Yogi Adityanath laid the foundation stone for a data centre to be developed at Greater Noida