+
Govt to provide infra status to data centres for cheaper finance
Technology

Govt to provide infra status to data centres for cheaper finance

The government has decided to provide infrastructure status to data centres (Dcs). It's expected that this would enable developers to access cheaper finance and also make investments into this segment.

Many state governments have already reported incentives for firms investing in data centres and have drawn investments from multinational companies (MNCs).

According to the media reports, for 2021, the hyperscale computing cloud earnings worldwide stood at $124.7 billion, out of which India accounted for $3.8 billion in revenue.

Data centre parks would also generate employment and lead to different information technology. The government's step would boost the ambition of India to become a major data centre player in the region.

Shishir Baijal, chairman and managing director, Knight Frank India, revealed that by 2026, they expect 2,500 MW of new data centre capacity would be required in India. Uttar Pradesh, which has an established data centre policy, expects the data centre sector to employ 4,000 people directly and 20,000 indirectly.

Vivek Dahiya, managing director-India lead at Cushman & Wakefield, told the media that this is a good time for the development of data centres as the 5G launch and data localisation would further lead to their more demand in India.

Niranjan Hiranandani, Chairman and Managing Director at Hiranandani Group, said that providing infrastructure status to data centres brings data centre development to avail long-term and affordable data localization, including the safety of data sovereignty during globalisation.

Image Source

Also read: India's digital infra needs up to $23 bn investment by 2025: Report

The government has decided to provide infrastructure status to data centres (Dcs). It's expected that this would enable developers to access cheaper finance and also make investments into this segment. Many state governments have already reported incentives for firms investing in data centres and have drawn investments from multinational companies (MNCs). According to the media reports, for 2021, the hyperscale computing cloud earnings worldwide stood at $124.7 billion, out of which India accounted for $3.8 billion in revenue. Data centre parks would also generate employment and lead to different information technology. The government's step would boost the ambition of India to become a major data centre player in the region. Shishir Baijal, chairman and managing director, Knight Frank India, revealed that by 2026, they expect 2,500 MW of new data centre capacity would be required in India. Uttar Pradesh, which has an established data centre policy, expects the data centre sector to employ 4,000 people directly and 20,000 indirectly. Vivek Dahiya, managing director-India lead at Cushman & Wakefield, told the media that this is a good time for the development of data centres as the 5G launch and data localisation would further lead to their more demand in India. Niranjan Hiranandani, Chairman and Managing Director at Hiranandani Group, said that providing infrastructure status to data centres brings data centre development to avail long-term and affordable data localization, including the safety of data sovereignty during globalisation. Image Source Also read: India's digital infra needs up to $23 bn investment by 2025: Report

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code