21% growth in data centre absorption during H1FY24

New Delhi: India saw 21 per cent growth in data centre absorption in the first half this year -- from 778 megawatts (MW) capacity in H1 2023 to nearly 942 MW in H1 2024 -- as demand for edge data centres surged from tier 2 and 3 cities, a report showed on Wednesday.

Approximately 71 MW of IT capacity was added across key data centre micro-markets in the January-June period, according to Savills India, a global real estate advisory firm. Concurrently, the market witnessed transactions of around 200 MW in IT capacity during this period.