Hindustan Times-India's data centre capacity to more than double by FY27: Crisil Ratings
Led by increasing digitalisation as organisations increase their investments in cloud storage, India's data centre capacity is set to more than double to 2-2.3 GW by 2026-27, a December 23 report by Crisil Ratings said.
To support the strong demand, the incremental capital expenditure would be supported by a higher proportion of debt funding, which will result in a moderate increase in debt levels, it said.
Data centres cater to the computing and storage infrastructure demand as enterprises rapidly shift their businesses to digital platforms, including cloud, a trend that has accelerated post-COVID-19 pandemic, it said.
