Hyderabad, Chennai, New Delhi Emerging As India's Top Data Centre Markets: Knight Frank
The Knight Frank report focuses on nine rapidly emerging markets in the Asia Pacific region.
The cities of Hyderabad, Chennai and New Delhi are emerging as top data centre markets in India, according to property consultant Knight Frank.
These three cities hold almost 1,100 MW of total IT power, and are expected to add 453 MW, which is currently in early stages of planning, Knight Frank said in a report published with DC Byte, a data centre research and analytics platform.
About two-thirds of this supply was added in the past couple of years, effectively tripling estimated market capacity during this period.
Chennai holds the highest live capacity at 41.4 MW, followed by Hyderabad with 33.7 MW, and New Delhi with 32.6 MW, as on Q3 2022.
While current live capacity is highest in Chennai, it could soon be overtaken by New Delhi where underconstruction IT supply of 84 MW would almost quadruple its live capacity to 117 MW, the report estimated.
Hyderabad, with the highest planned—committed and early-stage—IT power supply among the Indian markets at 485 MW, will continue to be a major data center market. Delhi and Chennai have a planned pipeline of 416 MW and 352 MW respectively, the report said.
The report focuses on nine rapidly emerging markets in the Asia Pacific region, namely Osaka, Melbourne, Jakarta, Manila, Hanoi, Taipei, Hyderabad, New Delhi, and Chennai.
Total IT power—live, under construction and committed capacity—of data centres in the APAC region grew from just under 700 MW five years ago, to over 3,000 MW currently, according to the report.