Latest news with #AmitSarin
News18
3 days ago
- Business
- News18
Anant Raj Opens Second Data Center In Panchkula, Expands Digital Reach
To mark this milestone, the company will host a special event titled 'BHARAT BUILT: Soil to Server' on August 1–2, 2025, to showcase its expanding capabilities at both Panchkula and Manesar. The two sites together represent Anant Raj's commitment to building indigenously developed, globally compliant Tier-III and Tier-IV data centers. Anant Raj has added 28 MW of operational capacity across its two Haryana sites—7 MW at the new Panchkula facility and a scale-up of its Manesar center from 6 MW to 21 MW. These assets are part of the company's broader campaign, 'Bharat Built: Soil to Server', under which it aims to deliver 310 MW of data center capacity by 2032, backed by a planned investment of Rs 180 billion (USD 2.1 billion), according to stock exchange. India's data center industry is poised for rapid expansion, but capacity shortfalls remain a concern. A thematic report by Avendus Capital projects that while the country's data center capacity will touch 3 GW by 2030, demand is expected to surpass 6 GW by 2033, leaving a supply gap of over 1.5 GW. In this context, Anant Raj's aggressive expansion in North India—including a 200 MW hyperscale campus in Rai, currently in planning—positions it as a critical player in closing this demand-supply gap. Anant Raj had commissioned its first data center in Manesar in September 2023, and has since scaled rapidly, including entering a strategic partnership with French IT major Orange Business in 2024 to offer managed cloud services. According to Mr. Amit Sarin, Managing Director at Anant Raj, data centres are expected to account for more than 40 per cent of Anant Raj's revenues within the next four years, a significant leap from the current 5 per cent.
Mint
11-07-2025
- Business
- Mint
Indias data centre capacity likely to reach 3GW by 2030, says report
Mumbai, Jul 11 (PTI) India's data centre industry is on the brink of exponential growth, with total capacity expected to reach 3 GW by 2030, according to a report. The sector is also seeing a surge in annual investments, currently at USD 1-1.5 billion (around ₹ 12,870 crore), and this figure is expected to double in the coming years, according to the report A Multi-Year Growth Proxy on India's Data Explosion and Localisation Wave by Avendus Capital. The data centre capacity of the country was estimated at 1.1 GW in 2024. Rising data consumption, AI and cloud adoption, and policy initiatives focused on data localisation are the main drivers of data centre demand, the report stated. The demand is expected to reach around 6 GW by 2033, but the supply is expected to be only 4.5 GW, leaving a gap of 1.5 GW. Much of the demand is expected to be met through large-format, hyperscale-ready infrastructure in core markets, alongside edge-ready capacity in Tier 2 and Tier 3 cities for latency-sensitive workloads, the report said, projecting a 25-30 per cent compound annual growth rate (CAGR) for the sector. The report further said that subsidised land banks and electricity duty exemptions by various state governments are emerging as key enablers for accelerating data centre capacity expansion across India. While established leaders such as STT GDC and Sify continue to anchor the market, new entrants are gearing up to meet the rising enterprise demand. Delhi-NCR-based infrastructure and real estate player Anant Raj has planned capital expenditure of USD 2.1 billion (around ₹ 18,000 crore) to achieve an operational capacity of 307 MW by 2031-2032, up from 28 MW of IT Load in 2025-26. 'With the advantage of pre-zoned sites, strong government policies, robust power access, and connectivity, we are well-positioned to meet the rising enterprise and hyperscaler, cloud-infrastructure as a service demand from both public and private sector clients,' Anant Raj Ltd Managing Director Amit Sarin said.
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Business Standard
11-07-2025
- Business
- Business Standard
India's data centre capacity to hit 3GW by 2030 on investment surge: Report
India's data centre industry is on the brink of exponential growth, with total capacity expected to reach 3 GW by 2030, according to a report. The sector is also seeing a surge in annual investments, currently at $1-1.5 billion (around Rs 12,870 crore), and this figure is expected to double in the coming years, according to the report A Multi-Year Growth Proxy on India's Data Explosion and Localisation Wave by Avendus Capital. The data centre capacity of the country was estimated at 1.1 GW in 2024. Rising data consumption, AI and cloud adoption, and policy initiatives focused on data localisation are the main drivers of data centre demand, the report stated. The demand is expected to reach around 6 GW by 2033, but the supply is expected to be only 4.5 GW, leaving a gap of 1.5 GW. Much of the demand is expected to be met through large-format, hyperscale-ready infrastructure in core markets, alongside edge-ready capacity in Tier 2 and Tier 3 cities for latency-sensitive workloads, the report said, projecting a 25-30 per cent compound annual growth rate (CAGR) for the sector. The report further said that subsidised land banks and electricity duty exemptions by various state governments are emerging as key enablers for accelerating data centre capacity expansion across India. While established leaders such as STT GDC and Sify continue to anchor the market, new entrants are gearing up to meet the rising enterprise demand. Delhi-NCR-based infrastructure and real estate player Anant Raj has planned capital expenditure of $2.1 billion (around Rs 18,000 crore) to achieve an operational capacity of 307 MW by 2031-2032, up from 28 MW of IT Load in 2025-26. With the advantage of pre-zoned sites, strong government policies, robust power access, and connectivity, we are well-positioned to meet the rising enterprise and hyperscaler, cloud-infrastructure as a service demand from both public and private sector clients, Anant Raj Ltd Managing Director Amit Sarin said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
01-07-2025
- Business
- Time of India
Anant Raj to invest $2 billion on data centre boom
Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country. The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said. For context, India's data centre capacity is poised to grow by 77% to 1.8 gigawatts in the next four years, according to a 2025 report by property consultant JLL. 'India is witnessing one of the fastest growth phases globally for data centres,' said Sarin in an interview, adding that the project will be funded through the company's own funds. Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint. The trend is underscored by Barclays Plc's view that the South Asian nation will be a big beneficiary of the data centre investment boom in Asia, driven by digitalization and rules requiring data to be stored within the country. Smaller firms are not far behind. Bengaluru-based RMZ Corp. is spending $1.7 billion on two data centres and Panchshil Realty is considering partnering with Blackstone Inc. to build a large data centre in Mumbai. Data centres are expected to make up more than 40% of Anant Raj's revenues in the next four years from 5% at present, Sarin said. The company tied up with the French IT company Orange Business to provide cloud services to its clients along with data centres last year. 'India currently generates 28% of the world's data but houses only 1% of it locally, presenting a significant opportunity for expansion as data localization becomes inevitable,' Sarin said.
Time of India
30-06-2025
- Business
- Time of India
Delhi developer to invest $2 billion on India data centre boom
Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country. The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said. For context, India's data centre capacity is poised to grow by 77% to 1.8 gigawatts in the next four years, according to a 2025 report by property consultant JLL. 'India is witnessing one of the fastest growth phases globally for data centres,' said Sarin in an interview, adding that the project will be funded through the company's own funds. Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint. The trend is underscored by Barclays Plc's view that the South Asian nation will be a big beneficiary of the data centre investment boom in Asia, driven by digitalization and rules requiring data to be stored within the country. Smaller firms are not far behind. Bengaluru-based RMZ Corp. is spending $1.7 billion on two data centres and Panchshil Realty is considering partnering with Blackstone Inc. to build a large data centre in Mumbai. Data centres are expected to make up more than 40% of Anant Raj's revenues in the next four years from 5% at present, Sarin said. The company tied up with the French IT company Orange Business to provide cloud services to its clients along with data centres last year. 'India currently generates 28% of the world's data but houses only 1% of it locally, presenting a significant opportunity for expansion as data localization becomes inevitable,' Sarin said.
