New Delhi: Data center (DC) capacity is projected to grow by about 800 MW by 2026, requiring an investment of US$5.7 billion, according to JLL India.
Real estate consultant JLL India estimates generation to increase from 853 MW in 2023 to 1,645 MW by 2026.
"This expansion will create demand for 10 million square feet of real estate space, attracting investments worth US$5.7 billion," JLL said in a statement on Friday.
The consultant said this surge is mainly due to the increase in adoption of Artificial Intelligence (AI).
Indian DC demand is expected to be 650-800 MW during 2024-26.
“The rapid increase in processing power and data volumes driven by AI requires the development of new data centers capable of meeting energy processing and cooling needs,” said Rachit Mohan, APAC Lead, Data Center Leasing. and Head, Data Center Advisory, India, JLL.
He said the anticipated expansion and advancements in diverse AI disciplines are projected to create additional demand for data centers, expanding their capacity requirements and pushing their capabilities.
Real estate consultant JLL India estimates generation to increase from 853 MW in 2023 to 1,645 MW by 2026.
"This expansion will create demand for 10 million square feet of real estate space, attracting investments worth US$5.7 billion," JLL said in a statement on Friday.
The consultant said this surge is mainly due to the increase in adoption of Artificial Intelligence (AI).
Indian DC demand is expected to be 650-800 MW during 2024-26.
“The rapid increase in processing power and data volumes driven by AI requires the development of new data centers capable of meeting energy processing and cooling needs,” said Rachit Mohan, APAC Lead, Data Center Leasing. and Head, Data Center Advisory, India, JLL.
He said the anticipated expansion and advancements in diverse AI disciplines are projected to create additional demand for data centers, expanding their capacity requirements and pushing their capabilities.
