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India’s data center capacity may reach 9-12 GW by 2031, creating $100 billion opportunity: Deloitte

India’s data center capacity could expand from around 1.5 GW today to 9-12 GW by 2031, creating a $100 billion investment opportunity as artificial intelligence (AI) accelerates demand for computing infrastructure, according to Vivek Gupta, M&A and Private Equity Partner at Deloitte South Asia, and Anjani Kumar, Partner – Tech & Transformation at Deloitte. Deloitte … Read more

Vaishnaw expects more companies to start production of memory chips in India

New companies are likely to invest in India to manufacture memory chips while existing investors will scale up production to address the demand-supply gap in the segment, Union minister Ashwini Vaishnaw said in an interview to PTI. Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices … Read more

Maharashtra issues Letter of Intent to AirTrunk for ₹2 lakh crore data center project in Raigad

Maharashtra Government has issued a Letter of Intent (LoI) for land allotment to AirTrunk for a proposed data center project in Raigad district, Chief Minister Devendra Fadnavis announced on Monday. Sharing the update on social media platform According to the chief minister, the project will involve an investment of ₹2 lakh crore and have a … Read more

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