Data centres: India’s emerging asset class
ROADS & HIGHWAYS

Data centres: India’s emerging asset class

A recent Colliers India investment report solicited responses from the top 40 institutional investors in the country to understand their investment priorities in 2019. Interestingly, 63 per cent of the investors ranked data centres as the most attractive emerging asset class. Ritesh Sachdev, Head, Occupier Services, India, and Managing Director, South, Colliers International India, attributes this to “the Indian Government emphasising the creation of a Cloud warehouse, with a focus on keeping data within India”.

“Interest in the Cloud is growing on the back of the Government’s thrust towards Digital India and the ever-increasing need for business innovation and agility, to scale fast in a competitive market,” affirms K Ashwin Kumar, Director, Linode Data Centre Operations India. He sees India’s 42.5 million SMEs/MMEs, the banking, financial services and insurance and healthcare sectors and government departments as key consumers of cloud services.

Data centres have been around in India for some time now, but it is only now that a large number of global data centre providers, private equity players, real-estate consultants and developers have realised the value of getting into the game, observes Praveen Nair, Sales Director, Bridge Data Centres. Nair attributes this interest to the emphasis on Digital India, the explosion in the usage of data services and the need for more scalable infrastructure with higher operating availability to enable online digital business.

As a result of all this activity, “data centres have been growing at 72 per cent,” says Dr Niranjan Hiranandani, Founder & Managing Director, Hiranandani Group. “We expect Digital India, Make in India and the push for data localisation to spur 100 per cent compound annual growth over the next five years.”

CHARU BAHRI

A recent Colliers India investment report solicited responses from the top 40 institutional investors in the country to understand their investment priorities in 2019. Interestingly, 63 per cent of the investors ranked data centres as the most attractive emerging asset class. Ritesh Sachdev, Head, Occupier Services, India, and Managing Director, South, Colliers International India, attributes this to “the Indian Government emphasising the creation of a Cloud warehouse, with a focus on keeping data within India”. “Interest in the Cloud is growing on the back of the Government’s thrust towards Digital India and the ever-increasing need for business innovation and agility, to scale fast in a competitive market,” affirms K Ashwin Kumar, Director, Linode Data Centre Operations India. He sees India’s 42.5 million SMEs/MMEs, the banking, financial services and insurance and healthcare sectors and government departments as key consumers of cloud services. Data centres have been around in India for some time now, but it is only now that a large number of global data centre providers, private equity players, real-estate consultants and developers have realised the value of getting into the game, observes Praveen Nair, Sales Director, Bridge Data Centres. Nair attributes this interest to the emphasis on Digital India, the explosion in the usage of data services and the need for more scalable infrastructure with higher operating availability to enable online digital business. As a result of all this activity, “data centres have been growing at 72 per cent,” says Dr Niranjan Hiranandani, Founder & Managing Director, Hiranandani Group. “We expect Digital India, Make in India and the push for data localisation to spur 100 per cent compound annual growth over the next five years.” CHARU BAHRI

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement