Is India Building Enough To Power Its Digital Transformation

HYDERABAD

KOLKATA

IT LOAD (MW) 52 MW IT Load to be added by 2028

IT LOAD (MW) 353 MW IT Load to be added by 2028

78

353

Strong tech sector and enabling business landscape incentivizes cloud self-build projects

Planned cable landing station drives data centre investments

26

26

26

36

36

4

4

4

5

5

2020 2021

2023 2028F

2022

2020 2021

2023 2028F

2022

•

Hyderabad is developing into a major destination for hyperscaler self-build projects Amazon has launched its new cloud region with its captive data centre going live in 2022 Demand from local IT sector has also driven colo investments with operators such as CtrlS, Sify, Capitaland constructing new facilities or acquiring land parcels Single window approvals, tax incentives, 24x7 power supply are some of the incentives provided by the incentives provided by the government

•

Kolkata’s data centre sector is at a nascent stage but could become a key location catering to east/north east India Demand is primarily driven by the government and private small and medium enterprises; increasing cloud adoption is also likely to be a demand driver A planned cable landing station at Tajpur is attracting large operators Greenfield facilities of operators such As Nxtra, NTT, STT, CtrlS are at various stages of construction

•

•

30

3

H2 2023

H2 2023

•

23

2

H1 2023

H1 2023

TOTAL OCCUPANCY (MW)

•

22

2

H2 2022

H2 2022

TOTAL OCCUPANCY (MW)

•

•

H1 2022

H1 2022

22

2

12%

12%

TRANSACTION DETAILS (RACK SPACE DETAILS) – 2023

TRANSACTION DETAILS (RACK SPACE DETAILS) – 2023

8%

19%

City

Tenant

Power

City

Tenant

Power

13%

Hyderabad

ConvergeOne

25Kw

Kolkata

Meta

1 MW

15%

Hyderabad Aon Consulting

250 Kw

21%

Hyderabad

Ujjivan Bank

800 Kw

Tenant Categories -H2 2023

Cloud BFSI IT & Telecom Manufacturing

E-Commerce Media & entertainment Others

Racks as of H2 2023 6,400

Colo vacancy 17%

Key data centre hubs: 1. Gachibowli

Racks as of H2 2023 600

Colo vacancy 40%

Key data centre hubs: 1. Rajarhat

36 | CUSHMAN & WAKEFIELD

DATA CENTER REPORT - 2024 | 37