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Market AnalysisCurated Analysis

India Data Center Capacity to Reach 2.5 GW by 2030

December 15, 20245 min readSource: Economic Times
indiadata-centersmarket-analysishyperscalersgrowth-projections

Our Analysis

India's data center market is experiencing unprecedented growth, with capacity projected to nearly triple from current levels by 2030. This expansion is fueled by three converging forces: the rapid digitalization of India's 1.4 billion population, aggressive AI adoption across enterprises, and major hyperscalers establishing significant presence in the country.

The growth trajectory represents one of the fastest expansions globally, outpacing traditional markets in Europe and rivaling Southeast Asian growth rates. Key metros like Mumbai, Chennai, Hyderabad, and Pune are seeing the majority of development activity, though emerging markets in Karnataka and Tamil Nadu are gaining significant traction.

For infrastructure investors, this creates a compelling opportunity—but also highlights the critical bottleneck: power availability. The 2.5 GW projection assumes adequate grid infrastructure development, which remains the primary constraint on faster growth.

Key Takeaways

  • 1India's data center capacity will grow from 900 MW to 2.5+ GW by 2030—a 178% increase
  • 2Hyperscalers (AWS, Google, Microsoft, Oracle) are driving 60%+ of new capacity demand
  • 3Power infrastructure remains the critical bottleneck—not capital or land availability
  • 4Chennai and Hyderabad are emerging as alternatives to capacity-constrained Mumbai
  • 5AI workloads are accelerating timelines—many projects moving up 12-18 months

Why This Matters for Infrastructure Investors

This growth trajectory validates our thesis: AI infrastructure demand in emerging markets is creating the largest infrastructure buildout opportunity since electrification. The constraint isn't capital—hyperscalers have announced $100B+ in global data center investments. The constraint is power: substations, grid connections, and the 3-5 years required to build them. Investors who can secure power-ready sites and utility relationships will capture disproportionate value as this market expands.

India ranks 2nd globally in data center growth rate

2.5 GW
Projected 2030 Capacity
35%
Annual Growth Rate
$10B+
Investment Pipeline

This analysis is based on reporting from Economic Times

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