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indian data centres capacity expansion expected investments 1.2 lakh crore over next five years icra indian data centre

Indian Data Centres Expansion Expected to Add Up to 1.2 Lakh Crore Investment Over Next Five Years: Report

 Data centres capacity expansion in India by both foreign and local firms is expected to add investments to the tune of Rs 1.05 lakh to 1.2 lakh crore over the period of next five years, credit rating agency ICRA said on Tuesday.The Indian data centres market is witnessing a healthy growth primarily driven by large hyper-scalers like Amazon Web Services, Google, Microsoft, Facebook, IBM, Uber, Dropbox etc. who are outsourcing their storage needs to third party data centre providers, ICRA said.Indian corporates like the…