Investors reassess US data centre bets after 'Blue Tsunami'; some look at India, other alternatives
This may not affect projects currently underway, but the data centre business has been driving growth for several companies in the US lately “and now there is looming concern over how this might play out,” said the executive who did not wish to be named.
Several outlets reported on November 3 that India’s data centre industry is expected to expand sharply by 2030. India Times and Daily Excelsior said installed capacity could grow fivefold to about 7.5 gigawatts by March 2030. Business Standard reported a projected ₹3 trillion in sector investment by 2030, while Deccan Chronicle said investment of more than ₹3 lakh crore is expected over the next four financial years; the reports do not give a breakdown of how that funding will be spent.
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