Bharti Airtel to pump Rs 3,500 cr to expand data centre capacity
Technology

Bharti Airtel to pump Rs 3,500 cr to expand data centre capacity

Bharti Airtel is planning to invest approximately Rs 3,500 crore within the next three years to develop its data centre capacity from the current 100 MW to between three and five times.

To tap into the growing requirement to store digital information nearby among a strong uptake in digital payments and the expected launch of 5G services.

Earlier in India, most of the digital content was not stored in the country. In recent times, this content has been stored locally, driving the demand for data centres.

The previous year, US-based Carlyle Group acquired a 25% stake in the Nxtra Data for around $235 million, valuing the firm at nearly $1.2 billion.

The investment plans of Airtel appear at a time when the likes of Indian business houses such as Adani and the US Microsoft are gambling high on the segment.

According to the media reports, the data centre industry of India is likely to increase to 1,007 MW by the year 2023 from its current capacity of 447 MW.

Increasing digital connectivity, IoT-linked devices, data localisation, the launch of 5G, cloud adoption indicates that the data centre sector of India would need an investment of $3.7 billion over the coming three years to satisfy a greenfield development opportunity of 6 million sq ft for this sector.

Moreover, Airtel plans to assist its clients in landing their content on Indian shores utilising its submarine cables and then host that on its data centres.

The telecommunications company has nearly 130 data edge centres, and all together, including its ten large data centres, it has a total capacity of 100 MW.

Airtel has divided its clients into huge Internet companies, which require a large portion of space, two floors, and then a second kind, who needs their complete IT works developed and managed and another migrating to cloud.

Image Source


Also read: Ascendas to invest Rs 1,200 cr for data centre campus in India

Also read: Brookfield, Digital Realty to jointly develop data centres in India

Bharti Airtel is planning to invest approximately Rs 3,500 crore within the next three years to develop its data centre capacity from the current 100 MW to between three and five times. To tap into the growing requirement to store digital information nearby among a strong uptake in digital payments and the expected launch of 5G services. Earlier in India, most of the digital content was not stored in the country. In recent times, this content has been stored locally, driving the demand for data centres. The previous year, US-based Carlyle Group acquired a 25% stake in the Nxtra Data for around $235 million, valuing the firm at nearly $1.2 billion. The investment plans of Airtel appear at a time when the likes of Indian business houses such as Adani and the US Microsoft are gambling high on the segment. According to the media reports, the data centre industry of India is likely to increase to 1,007 MW by the year 2023 from its current capacity of 447 MW. Increasing digital connectivity, IoT-linked devices, data localisation, the launch of 5G, cloud adoption indicates that the data centre sector of India would need an investment of $3.7 billion over the coming three years to satisfy a greenfield development opportunity of 6 million sq ft for this sector. Moreover, Airtel plans to assist its clients in landing their content on Indian shores utilising its submarine cables and then host that on its data centres. The telecommunications company has nearly 130 data edge centres, and all together, including its ten large data centres, it has a total capacity of 100 MW. Airtel has divided its clients into huge Internet companies, which require a large portion of space, two floors, and then a second kind, who needs their complete IT works developed and managed and another migrating to cloud. Image Source Also read: Ascendas to invest Rs 1,200 cr for data centre campus in India Also read: Brookfield, Digital Realty to jointly develop data centres in India

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement