Data Centre Stock Grows 21% in H1 2024
Technology

Data Centre Stock Grows 21% in H1 2024

The data centre stock in India has experienced a significant increase of 21% during the first half of 2024. This growth underscores the rising demand for data storage and management solutions driven by the expanding digital economy and increased cloud computing needs.

The surge in data centre stock reflects heightened investments and expansion activities by major players in the industry. This trend is driven by the rapid growth in data consumption, the proliferation of digital services, and the need for robust infrastructure to support emerging technologies like artificial intelligence and big data analytics.

Several factors contribute to this growth, including advancements in technology, increased adoption of digital platforms by businesses and consumers, and supportive government policies aimed at boosting the IT and data centre sectors.

As data centres become increasingly critical for business operations and digital services, the sector's expansion is expected to continue. This trend presents opportunities for further investment and development in data infrastructure, ensuring that the industry can meet future demands and support the ongoing digital transformation.

The data centre stock in India has experienced a significant increase of 21% during the first half of 2024. This growth underscores the rising demand for data storage and management solutions driven by the expanding digital economy and increased cloud computing needs. The surge in data centre stock reflects heightened investments and expansion activities by major players in the industry. This trend is driven by the rapid growth in data consumption, the proliferation of digital services, and the need for robust infrastructure to support emerging technologies like artificial intelligence and big data analytics. Several factors contribute to this growth, including advancements in technology, increased adoption of digital platforms by businesses and consumers, and supportive government policies aimed at boosting the IT and data centre sectors. As data centres become increasingly critical for business operations and digital services, the sector's expansion is expected to continue. This trend presents opportunities for further investment and development in data infrastructure, ensuring that the industry can meet future demands and support the ongoing digital transformation.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?