Friday, 24 March, 2023

Infrastructural status of data centers could result in Rs 700B investment in sector

<p>FM Nirmala Sitharaman, while announcing Budget 2022-23, granted the data center industry &#39;infrastructure&#39; status. Ind-Ra expects total investment in India&#39;s data-center industry to reach Rs 700-720B over the next five to ten years. India is quickly emerging as a preferred location for data center majors, with recent data from Cushman&amp;Wakefield revealing that a total of $11.4 B in investment is planned for data center development in the country.</p>