Mumbai leads data centre business, Bengaluru 2nd: Report

Wednesday, 31 October 2018, 04:20 Hrs
cmt right
Comment Right
cmt right
cmt right
Printer Print Email Email

Mumbai with 35 operators is the leading destination for establishing a data centre, followed by Bengaluru with 27 and Delhi-NCR with 19, a report said on Tuesday.

Tech growth, Smart City initiatives and easy availability of land andinfrastructure has emerged as strong demand drivers for opening data centres in India, said the report by Los Angeles-based CBRE Group, one of the the world's largest commercial real estate services and investment firm.

According to CBRE South Asia Pvt Ltd, Mumbai has led the data Centre business as it is one of the global cable landing locations in the country.

Cable landing stations or submarine cables are vital international telecommunication links between countries across the world, making them an essential element in telecommunication services including broadband connectivity. 

Mumbai presently has four of the 10 cable landing stations in the country.

"Overall, the data centre market outlook looks positive on the back of the availability of land and skilled talent pool along with a huge, untapped market. Moreover, a slew of policy reforms undertaken by the Indian government have generated enthusiasm among overseas investors," said Anshuman Magazine, Chairman, India and South-East Asia, CBRE. 

Maharashtra and Telangana are among the quickest states to tap into the growing demand for data centres by announcing several incentive schemes for the sector. 

Jharkhand and Chhattisgarh too have formulated policies for the IT-ITeS segment as well as introduced a single-window clearance system to encourage investors. 

Despite having immense potential to become a data centre hub in the APAC region, the report also identified several hurdles in this path. 

"Several states in India are yet to formulate policies for this segment. Additionally, issues such as a cumbersome approval process for the acquisition of infrastructure and prolonged environmental clearances also need to be addressed," said the report. 

Read more news:

Karnataka Rajyotsava - The Dawn & Existence of Karnataka

Tips for Holding an Open House

Source: IANS
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suffere..
Chipset-making giant Qualcomm has listed chipsets such as Snapdragon 855, 845, 710, 675 and 67..
First things first. "Made In Heaven" is the sexiest webseries India has produced, no doubt about i..
IIT Roorkee organized an MoU exchanging ceremony between the Govt. of India Department of Scie..
US Indian
An Indian-American teenager has been conferred with the 2019 National STEM (Science, Technolog..
Hinduja Global Solutions here on Monday said it has set up a centre of excellence to train disable..
Enterprise IT
PayByPhone, the global leader in mobile parking payments, today announced that it will appoint And..
The Department of Telecommunications (DoT) in consultation with the Finance Ministry plans to spli..
Startup City
India Accelerator, a GAN partnered, mentorship-driven, acceleration program hosted ‘The Inner Ci..