On 5 August, Hiranandani Group—one of the largest real estate developers in the country—put out a double-sided front-page ad in one of India’s leading business dailies. The spread itself was not unusual for the Group, with big banner advertising par for the course in realty. Its contents, however, absolutely were. The ad announced ‘India’s first data centre park’, being built by the group’s newly-founded technology arm, Yotta Infrastructure—a full-fledged data centre and managed services company.
Cloudy with a chance of data centres
India’s data centre market is set to explode as large conglomerates like Adani, realtors like Hiranandani and telco majors like Jio look to service Big Tech’s data storage needs. For now, they don’t mind the 60 govt permissions necessary or the lack of a data protection policy
India’s cloud and data centre market grew incrementally until 2014, but exploded as e-commerce grew and internet giants focused more on India
The demand from hyperscalers—internet giants and cloud majors like AWS, Microsoft, Google—coupled with a potential data protection legislation has drawn various business heavyweights to the data centre business
These include the likes of Jio, real estate giant Hiranandani and large conglomerates like Adani. All looking to set up behemoth facilities that dwarf what exists in India today
But setting up data centres is both capex-intensive and requires a lot of bureaucratic wrangling