Both chambers of Congress have agreed to order the US justice department to release its files on Jeffrey Epstein. The House of Representatives overwhelmingly approved the measure in a 427-1 vote. It was unanimously fast-tracked by the Senate without a formal vote
India's data centre capacity set to grow 5x to 8GW by 2030: Jefferies
India's data centre capacity is expected to expand fivefold to 8GW by 2030, propelled by rising data consumption, growing cloud adoption, regulatory data localisation requirements, and increasing deployment of artificial intelligence (AI), according to the sectoral update by Jefferies.
The report added that the expansion will require an estimated capital expenditure of around $30 billion and is projected to drive data centre leasing revenues up five times to $8 billion by the end of the decade.
The report highlights that India's colocation data centre capacity, where enterprises lease infrastructure from operators, has already increased fivefold to 1.7GW, with occupancy levels at 97%, underscoring strong demand.
Mumbai and Chennai together account for nearly 70% of installed capacity, with Mumbai alone holding about half, given its proximity to undersea cable landing stations and the concentration of banking and financial clients.
The report added that by 2030, Bharti Airtel, Reliance, and AdEnterprises (through AdaniConneX) are expected to collectively account for 35-40% of India's data centre capacity, with AdaniConneX and Reliance leading roughly one-third of the planned capacity additions. The top five players currently dominate the market with a 90% share, led by NTT GDC with about 20%.
According to the report, the growing adoption of AI technologies is expected to further accelerate demand, as AI servers consume five to six times more power and require advanced liquid cooling systems compared to traditional setups. Meanwhile, regulatory developments such as the Digital Personal Data Protection (DPDP) Act, 2023, and RBI's data localisation guidelines are driving enterprises to host and process data within India, the report added.
The report estimates that the projected $30 billion capex will open opportunities across multiple sectors, including real estate ($6 billion), electrical and power systems ($10 billion), racks and fit-outs ($7 billion), cooling systems ($4 billion), and network infrastructure ($1 billion).
Source: EconomicTimes
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Both chambers of Congress have agreed to order the US justice department to release its files on Jeffrey Epstein. The House of Representatives overwhelmingly approved the measure in a 427-1 vote. It was unanimously fast-tracked by the Senate without a formal vote
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