Data centre infra to become the next significant sector
WAREHOUSING & LOGISTICS

Data centre infra to become the next significant sector

The Anarock group, a real estate services company, announced that data centres would emerge as the next big sector in India, after warehousing. A Foreign Direct Investment (FDI) of $3.4 billion is expected in this sector in the next three to four months.

New leasing of 1.5 crore sq ft has been observed in the commercial segment for building new data centres. It is anticipated that the current year statistics for this sector will again move up to more reassuring levels of 2.4 to 2.5 crore sq ft. Domestic sales in this sector have also improved in the second quarter of the current financial year as compared to Q4 of the previous financial year.

With the second-largest population in the world, India has the world's highest data usage metrics. Recently, the central government suggested that the major data centres of the world should be instituted in India in an attempt to boost the "Digital India" campaign. The Government has also urged all major data companies to consider investing in the different sectors of our country to promote digitalisation and develop seamless technological connectivity across the country.

Speaking at the Build Estate Conclave recently, the chairman of Anarock group Anuj Puri said that in the beginning of the first phase of the pandemic, experts had been sceptical of the sector's growth. However, there is now a possibility of short-term recovery as the current statistics are much more positive.

During the conclave, the central government emphasised that data centre parks would be established, bearing in mind the use of analytics and information of various things across industries.

Numerous major companies such as Adani Group, Reliance Industries and Hiranandani Group have already declared their investment plans to build data centres in various parts of India. According to various analysts, an exclusive zone for such data centre parks has already been announced, and construction is underway to build such facilities.

Data centre industry analysts also think that a plunge towards building data centres would facilitate data sharing across cross-functional areas or organisations.

Finance minister Nirmala Sitharaman had stated in her 2020 Union Budget speech that her government would “soon formulate a policy to enable the private sector to build data centres throughout the country" to allow information sharing across cross-functional databases and data accessibility, and also help in enhancing digital connectivity throughout the nation. This initiative is expected to bring Foreign Direct Investments in the country and induce employment generation on a large scale.

The Anarock group, a real estate services company, announced that data centres would emerge as the next big sector in India, after warehousing. A Foreign Direct Investment (FDI) of $3.4 billion is expected in this sector in the next three to four months. New leasing of 1.5 crore sq ft has been observed in the commercial segment for building new data centres. It is anticipated that the current year statistics for this sector will again move up to more reassuring levels of 2.4 to 2.5 crore sq ft. Domestic sales in this sector have also improved in the second quarter of the current financial year as compared to Q4 of the previous financial year. With the second-largest population in the world, India has the world's highest data usage metrics. Recently, the central government suggested that the major data centres of the world should be instituted in India in an attempt to boost the Digital India campaign. The Government has also urged all major data companies to consider investing in the different sectors of our country to promote digitalisation and develop seamless technological connectivity across the country. Speaking at the Build Estate Conclave recently, the chairman of Anarock group Anuj Puri said that in the beginning of the first phase of the pandemic, experts had been sceptical of the sector's growth. However, there is now a possibility of short-term recovery as the current statistics are much more positive. During the conclave, the central government emphasised that data centre parks would be established, bearing in mind the use of analytics and information of various things across industries. Numerous major companies such as Adani Group, Reliance Industries and Hiranandani Group have already declared their investment plans to build data centres in various parts of India. According to various analysts, an exclusive zone for such data centre parks has already been announced, and construction is underway to build such facilities. Data centre industry analysts also think that a plunge towards building data centres would facilitate data sharing across cross-functional areas or organisations. Finance minister Nirmala Sitharaman had stated in her 2020 Union Budget speech that her government would “soon formulate a policy to enable the private sector to build data centres throughout the country to allow information sharing across cross-functional databases and data accessibility, and also help in enhancing digital connectivity throughout the nation. This initiative is expected to bring Foreign Direct Investments in the country and induce employment generation on a large scale.

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App