JULYASIA BUSINESS OUTLOOK9HOW INDIAN CITIES ARE BECOMING DATA CENTRE INDUSTRY HOTSPOTSIndia has one of the world's youngest and most tech-savvy populations, and digital adoption is at an all-time high in the country. As the world's second-largest telecommunications market, India also ranks second in the list of countries with the most mobile phones. Over the last year alone, the increasing adoption of digital transactions, IoT, and smart devices has created a significant demand for digital services, but more importantly, data centres. According to a recent report, India's data centre market is expected to grow from 375MW in H1 2020 to 1,078MW by 2025, at a CAGR of 21 percent. Currently, the data centre industry in India is concentrated in four cities: Mumbai, Delhi, Bengaluru, and Chennai, which account for the majority of data centre sites and IT load capacities. Mumbai, in particular, has the most installed capacity. The pandemic increased the demand for more data centres, as businesses adopted remote and hybrid work models. Data centres are critical in allowing organizations to access, monitor, and process the massive amounts of data that will be generated in the coming years. Here are some of the reasons why India is an important location for data centre development. IMPRESSIONS
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