Mumbai's data centre capacity to grow more than 2-fold by 2023: JLL report
Mumbai's data centre capacity
is likely to grow by more than two times its current capacity by 2023,
according to a JLL report.
Mumbai with
199 MW IT load is the leading data centre hub of
the country with nine internet cable landing and assured power supply, said the
report titled '2020 India Data Center Market Update'.
According to JLL, the capacity is likely to reach 529 MW by 2023.
"Mumbai is
the most preferred destination for cloud players with a 60 per cent share of
the occupied space due to its excellent infrastructure support. The state has
provided various incentives for setting integrated data centre parks,"
said Karan Singh Sodi, Regional Managing Director - Mumbai, JLL India.
"The new supply additions in the city are backed by
pre-commitment from cloud players. The city's strong demand is driven by BFSI,
media and IT/ITes companies, leading to high occupancy levels of 95 per
cent," he said.
According to Rachit Mohan, Head, Data Center Advisory (India),
JLL, India's colocation data centre industry witnessed unprecedented absorption
of 102 MW during 2020, notching higher absorption than most key markets of
Europe and America.
"Fuelled by longer-term trends of rising cloud adoption,
increasing digitalisation and progressive legislation, we anticipate increased
demand for colocation space nationwide," Mohan said.
As the data centre landscape continues to evolve, the industry is
expected to grow exponentially to reach 1,007 MW by 2023 from its existing
capacity of 447 MW.
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