It is imperative to have infrastructure capabilities to sustain the growing demand of data centers.
Sanjay Singhania,
How do you view the current data center market scenario in India?
India is on its way to becoming the hub of data centers for APAC. As of now this excludes China, however, India is already ahead of Japan, Hong Kong, Singapore, Australia, and South Korea with respect to installed capacity of the data centers.
Government initiatives like Digital India and the proposed data center policy are adding to this growth. In light of this increased demand, major global data players like Google, Microsoft, Amazon, along with other MNCs are looking to have their data localisation demands met in the country.
Furthermore, digitisation and rise in the demand for cloud-based services have attracted the demand for data center from across the industries, with IT and telecom holding the largest share.
The market size reached US$4.5 billion in 2023, expecting to reach US$11.6 billion by 2032, with a CAGR of 10.98%. This goes to show that the Indian data center market presents a highly promising scenario with substantial growth potential.
What are the proactive policy measures that are pushing the growth of data center market in India?
The government has recognised the economic benefits of investing in the infrastructure of data centers, which includes attracting global investment and generation of direct and indirect employment.
The focus on developing data centers is also in tandem with the government's push for initiatives like Digital India and Smart Cities Mission, which is eventually creating a massive need for data storage and processing capabilities.
The government has also been proactively supporting the development of 5G and the Internet of Things (IoT) that can handle the rapid data transfer and minimal latency demanded by these technologies.
Lastly, the government has been working on laying out a ‘National Data Center Policy,’ which will focus on uninterrupted power supply since and faster building clearance. This policy is also expected to address environmental, social, and governance (ESG) aspects. This could incentivise sustainable data center practices and attract investments in eco-friendly facilities.
What are the services and solutions provided by the company for data centers? How are you supporting the growth of data center market in the country?
It is imperative to have infrastructure capabilities to sustain the growing demand of data centers in the country. Our prefabricated solutions provide the modularity approach to building the centers which will be curated specific to the clients’ needs.
We have got the expertise, skills, machinery, and manpower to deliver all types of data centers including Enterprise Data Centers, Colocation Data Centers, Edge Data Centers, and Hyperscale Data Centers.
It must be added that prefabricated construction, not only simply delivers projects, it also offers faster deployment, cost savings, improved quality control, and superior scalability compared to traditional methods.
Since in these projects speed is of the essence, prefabricated solutions slash construction timelines by up to 60%. With a more controlled outcome, it is easier to predict the total cost of the project that will help the client manage their investments accordingly.
What opportunities do you look forward in data center market?
Through the data center industry, we want to exhibit the wonders of prefabricated structures. The excellence of the modularity phenomenon in construction, and give the market a chance to become more adopting towards this futuristic concept of construction.
