logo
Mumbai at 6th place among 97 cities globally in under-construction data centre capacity: report

Mumbai at 6th place among 97 cities globally in under-construction data centre capacity: report

Mint03-06-2025
New Delhi, Jun 3 (PTI) Mumbai ranks 6th among 97 cities globally in data centre capacities under construction, according to Cushman & Wakefield.
Virginia is in first position with 1,834 MW data centre capacity under construction, followed by Atlanta (1,078 MW), Columbus (546 MW), Dallas (500 MW) and Phoenix (478 MW).
Mumbai ranks 6th globally in under-construction data centre capacity.
"At the end of 2024, the city had 335 MW of data centre capacity under construction, which, once completed, will expand its operational capacity by 62 per cent," real estate consultant Cushman & Wakefield (C&W) said.
Austin/San Antonio ranks 7th (325MW), Reno 8th (305MW), London 9th (265MW) and Dublin (249 MW), according to C&W's latest 'Global Data Center Market Comparison' report 2025.
The report, covering 97 global markets, attributes this growth to surging demand fuelled by the expansion of cloud computing and AI workloads.
Key factors shaping data centre development include power availability, land access, and supporting infrastructure.
"Mumbai leads the APAC region with 335 MW of data centre capacity under construction and ranks among the top 10 global markets by this metric. Once completed, this will expand the city's operational market size by 62 per cent," Gautam Saraf, Executive Managing Director - Mumbai & New Business, India at Cushman & Wakefield, said.
He noted that several factors are driving this momentum - a strong digital backbone, a reliable power supply, and sustained demand from hyperscalers.
"As India's financial capital and economic hub, Mumbai already accounts for over half of the country's data centre capacity and continues to attract major global operators," Saraf said.
Key enablers include 12 cable landing stations, the recent MIST cable landing, and a robust pipeline of upcoming infrastructure, he said.
"While challenges around land availability and power persist in certain locations, the city's long-term fundamentals remain highly compelling for sustained growth," Saraf said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NDBs mandate needs renewal with focus on agility, efficiency: FM Sitharaman
NDBs mandate needs renewal with focus on agility, efficiency: FM Sitharaman

Mint

time26 minutes ago

  • Mint

NDBs mandate needs renewal with focus on agility, efficiency: FM Sitharaman

New Delhi, Jul 5 (PTI) Finance Minister Nirmala Sitharaman has called for a renewed mandate for the New Development Bank (NDB), emphasising the need for greater agility, technological advancement, and efficiency in today's fast-changing world. Observing that NDB has played an important role in reshaping the financial landscape for the global South, she said it has approved more than 100 projects and it has approved more than USD 35 billion in financing across member countries, including key Indian initiatives, like the metro rail, renewable energy and water management. NDB is not just a source of capital, it is a platform for shaping a more equitable and responsive global financial architecture, she said during the NDB Governors Seminar on the theme 'Challenges for Financing Sustainable Development for the Global South' in Rio de Janeiro, Brazil, on Friday. "In today's fast-changing world, its mandate must be renewed. The NDB's mandate must be renewed with a focus on greater agility, technological advancement, and efficiency in an enhanced way. So, in conclusion, I would like to say financing sustainable development in the global South isn't just about raising funds. "It's about building fairness. It's about building trust, and it is about building leadership. India, with its dual role as a leading emerging economy and a global influencer, is uniquely positioned to lead this transformation, not just for itself, but for all those who share its aspirations," she said. Sitharaman underlined the need for decisive collective action by the global South to address multiple uncertainties arising from fiscal constraints, climate change, and evolving geopolitical dynamics. Sitharaman highlighted that this deters long-term investment and delays critical progress in areas like renewable energy and climate-resilient infrastructure. Stressing that India stands at a unique crossroads, she said, "The aspirations of a billion people converge with the imperatives of a fast-changing planet. And in this moment, policy will determine the pace. India has demonstrated how scale and speed can go hand-in-hand." Through transformative policy initiatives like UPI, Aadhaar and Jan Dhan, India has driven financial inclusion even to the last mile, she said. India's policy ecosystem has been further strengthened by programmes, such as the Gati Shakti National Master Plan, the National Green Hydrogen Mission and the installation of over 220 GW of renewable energy capacity to accelerate clean energy transition, she said, adding that these efforts are complemented by a commitment to macroeconomic stability. "As we strive towards the 2030 agenda, the financing gap for Sustainable Development Goals (SDGs) in developing countries has widened to over USD 4.2 trillion annually post-pandemic, reflecting the widening gap between ambition and reality," she said. She exuded confidence that India will remain one of the fastest-growing major economies in the world on the back of the country's resilience and robust recovery in the post-pandemic era.

India-US trade pact: GTRI flags GM food risk; warns of EU export hit
India-US trade pact: GTRI flags GM food risk; warns of EU export hit

Time of India

time32 minutes ago

  • Time of India

India-US trade pact: GTRI flags GM food risk; warns of EU export hit

This is an AI-generated image, used for representational purposes only. The Global Trade Research Initiative (GTRI) has raised red flags over the potential inclusion of genetically modified (GM) agricultural products in the proposed interim trade pact between India and the United States, warning that such a move could harm India's agri-export competitiveness, particularly in the European Union. According to news agency PTI, the pact is expected to be announced before July 9. GTRI cautioned that permitting imports of GM feed materials like soybean meal and distillers dried grains with solubles (DDGS), a by-product from ethanol production, could result in cross-contamination within India's fragmented agricultural supply chain, affecting the country's ability to maintain a GMO-free status. Ajay Srivastava, founder of GTRI, said that 'shipment rejections, higher testing costs, and erosion of India's GMO-free image' are likely if GM feed imports are allowed without robust traceability systems in place. He explained that while GM feed is technically permitted in the EU, many European buyers prefer fully non-GM supply chains, making trace elements of GM origin a major hurdle. As per PTI, Srivastava said, 'Without robust traceability and labeling systems, GM feed imports could hurt India's export competitiveness in the EU, especially in sensitive sectors like rice, tea, honey, spices, and organic foods.' He further explained that although GM feed doesn't alter animal produce like milk or meat, the presence of GM material in the feed supply chain raises ethical and regulatory concerns. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 아픈 사람의 99%는 목이 뭉쳐있습니다. 더 알아보기 Undo 아픈 사람의 99%는 목이 뭉쳐있습니다. 더 알아보기 Undo 아픈 사람의 99%는 목이 뭉쳐있습니다. 더 알아보기 Undo 아픈 사람의 99%는 목이 뭉쳐있습니다. 더 알아보기 Undo 'Critics argue that this blurs the line for consumers who wish to avoid GM-associated products entirely,' he said. Srivastava also pointed out that GM seeds are mostly non-reusable due to hybrid structures and patent laws, with India currently allowing only Bt cotton as the sole GM crop for commercial cultivation. Import of GM grains, pulses, oilseeds, and feed like DDGS is banned under current regulations, though GM soybean and canola oil are allowed. Citing broader concerns, GTRI also urged India to retain tariff flexibility on American farm goods under the proposed trade agreement. It argued that 'removing tariffs would expose Indian farmers to subsidised US imports, jeopardising food security and rural livelihoods.' 'India must retain policy space to manage food stocks, support rural incomes, and respond to global shocks. In today's geopolitically unstable world, food security must remain sovereign,' Srivastava said. GTRI warned that liberalising imports of US farm products, including rice, dairy, poultry, corn, and GM soy, would benefit from deep American subsidies, putting India's fragmented and smallholder-based agriculture sector at risk. For instance, US subsidies have covered up to 82% of production value in rice and over 200% in wool. The think tank said any commitment to reduce agri tariffs permanently would be 'strategically unwise', especially when even the US maintains high barriers in its own farm trade, with tobacco tariffs as high as 350%. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Sridhar Babu, the driving force behind ‘Telangana Rising '
Sridhar Babu, the driving force behind ‘Telangana Rising '

Hans India

time39 minutes ago

  • Hans India

Sridhar Babu, the driving force behind ‘Telangana Rising '

The Telangana state, led by Chief Minister Revanth Reddy and his Cabinet are on an ambitious mission 'Telangana rising-2047 Vision' to reach $3 trillion economy by 2047, Particularly the state has received investments over 3 lakh crores in the last 18 months, From 2024-25(till date). The IT, Industries and E&C Minister Duddilla Sridhar Babu, a tech savvy, has become the state's driving force in reviving the economy and under his supervision, at the WEF Davos (2025) Telangana received massive investments around 1,78,950 crore in terms of MOUs, the highest ever since the formation of the State (40,000cr in 2024). Companies invested heavily in the State due to the investment friendly policies and progressive ideas for development. Significant investments from the major firms in manufacturing and service sectors, such as Amazon to expand their data centre, Sun Petrochemicals and Megha Engineering are based on green and renewable energy. Skyroot Aerospace is for a rocket manufacturing facility in Telangana, while Phoenix is set to provide aircraft interior designing. 70 new GCCs (global capability centres) were setup due to the integration of cutting-edge technologies like artificial intelligence, cybersecurity, quantum computing and data analytics. In the recent visit to Japan along with CM Revanth Reddy, The Telangana Rising team secured around Rs 12,062cr and estimated to provide more than 30,000 jobs to the unemployed. Key partnerships with top Japanese companies including Marubeni to collaborate for marquee industrial park, NTT data and Toshiba were made on cutting edge AI data centres. Sridhar Babu explained about the proactive policies and investment-friendly environment across the State, which stole the limelight. The minister actively expressed his vision on the emergence of new technologies and the market disruption, stating that leveraging those can lead to immense progress and advancements in every sector. In the Bio Asia Summit – The Catalyst of Change, Hyderabad, which is also known as the life sciences hub, has driven record-breaking investments worth 5,000 crore in life sciences innovation and AI-driven health care. Amgen has chosen Hyderabad for $200 million investment. MoUs signed with eminent Queensland universities from Australia, NHS and several pharma companies. The Future City also known as Fourth City, which is planned by the Future City Development Authority(FCDA) is India's first net-zero smart city, planned to setup at Srisailam highway with world-class infrastructure to ensure sustainable urban development. This consists Green Pharma city to enhance pharmaceutical industries and expand life sciences strength across the state and AI City with world class standards on 200 acres, in the Global AI summit 2024 about 26 MOUs have been signed to make Telangana as 'AI Hub', his city ensures huge boost in terms of economic growth. As this project is set to play a key role in positioning Telangana across the world with its proactive and innovative approach, Minister Sridhar Babu and his team made strategic and effective planning in bringing large amounts of investments and international collaborations. Recently, he said that the Telangana government has decided to train 2 lakh AI engineers in the next 2 years and build an AI university, at the launch of TGDeX. Sridhar Babu who also worked as the Minister for higher education under YS Reddy's cabinet, now actively making plans in order to increase the quality of education in the State. Particularly, key flagship initiative Young India Skill University, in which multiple delegations were held with the foreign countries to implement new education policies. Interestingly, Singapore Semiconductor Industry Association signed an MOU to increase the skill set among the students and to boost Telangana's semiconductor industry. Infrastructure development in government schools and integration of Artificial intelligence in training for teachers for effective learning, this shows the adaptation of technology according to the current circumstances. The main aim is to make Telangana as 'Skill Capital'. For the women empowerment under the name of Indira Mahila Shakti, free sewing machines were distributed in Manthani and WE hubs to nurture women-led enterprises in both urban and rural areas. Launched DEET (Digital Employment Exchange of Telangana) platform to access employment for the youth in tier-2 and tier-3 cities. MSME (Micro, Small and Medium Enterprises) parks to be set up at the district level. The state government's bold ambition to reach $1 trillion economy by 2035 and 3 trillion by 2047, Sridhar Babu paving way for the growth, skill development and employment generation with his innovative, visionary and futuristic approach to place Telangana State on top in education, IT and Industries.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store