Latest news with #GautamSaraf
Entrepreneur
4 days ago
- Business
- Entrepreneur
Mumbai's In-Progress Data Centre Capacity Ranks 6th Globally, Surpassing London and Dublin: Report
Asia Pacific cities continue to demonstrate strong growth momentum with ten of the world's 30 largest data centre markets now being located in the Asia Pacific region. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The global data centre markets are seeing surging demand due to relentless growth and expansion of cloud computing and artificial intelligence (AI) workloads, according to the latest report 'Global Data Centre Market Comparison 2025' by Cushman & Wakefield. The report, covering 97 global markets, highlights power access, land availability, and infrastructure as key factors shaping data centre development. The report reveals that Mumbai ranks sixth globally in under-construction capacity, surpassing global hubs like London, Dublin, demonstrating the city's rapidly growing status as a data centre hub. The data centre industry experienced significant growth in 2024. Asia Pacific cities continue to demonstrate strong growth momentum; ten of the world's 30 largest data centre markets are now in the Asia Pacific region. The report highlights that Asia Pacific ended 2024 with 1.6 GW of new capacity coming online, bringing the region's total operational data centre capacity to 12.2 GW. The development pipeline remains strong, with an additional 14.4 GW of capacity currently under construction or planned. Key drivers such as 5G rollouts, increased cloud adoption, rising digital content consumption, and expanding IoT use cases continue to accelerate demand in the region's data centre sector. These trends have attracted sustained investor interest, supported by rising occupancy levels, stable rental yields, and long-term growth prospects from hyperscale and colocation expansions. With these fundamentals, Asia Pacific is poised for continued growth over the next three to five years. Amid this regional momentum, Mumbai is emerging as a significant contributor to capacity expansion in the APAC region. The report further states that Mumbai ranks as the 7th most established data centre market in the APAC region. 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. At the same time, Mumbai accounts for 42 per cent of India's projected under construction capacity—underscoring its growing prominence as a regional data centre hub. The data centre growth is further supported by digital infrastructure upgrades in the city. According to the Cushman & Wakefield India Outlook Report, 2025 may witness the completion of three crucial undersea data cable projects landing in Mumbai. These are expected to significantly increase India's internet capacity and speed, enhancing inter-regional digital connectivity with Africa, Europe, the Middle East, and Asia. The completion of these projects will further elevate Mumbai's position as a major connectivity hub in the Southeast Asian region. Gautam Saraf, Executive Managing Director – Mumbai & New Business, India, Cushman & Wakefield added "India's data centre landscape is undergoing a strategic shift—Mumbai has firmly positioned itself among the top global markets, while Pune is emerging as a key data centre hub in the APAC region. India's data centre sector has attracted prominent international operators and investors, even as domestic players continue to expand capacity. This dual momentum—global confidence and local commitment—underscores the country's readiness to scale sustainably. The next few years will see India add over 2.7 GW of capacity across under-construction and planned projects, reinforcing its position as a future-ready digital infrastructure powerhouse". Ranked fourth among APAC's top emerging data centre markets, Pune is rapidly becoming a preferred destination for hyperscalers and enterprise-grade colocation facilities. As of Q1 2025, Pune's operational data centre stock stands at 112 IT MW. With an additional 190 IT MW of capacity currently in the under-construction or planned stages, across key corridors such as Hinjewadi and Pimpri-Chinchwad, the city is well-positioned for accelerated growth. Major players, including STT GDC, Nxtra by Airtel, and IronMountain are anchoring their presence in the region—attracted by Pune's favorable climate, skilled talent pool, dependable power infrastructure, and strategic connectivity to Mumbai's cable landing stations.
Mint
5 days ago
- Business
- Mint
Mumbai at 6th place among 97 cities globally in under-construction data centre capacity: report
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.
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Business Standard
5 days ago
- Business
- Business Standard
Mumbai is 6th globally in under-construction data centre capacity: Report
Mumbai is fast emerging as a data centre hub, ranking sixth globally in the under-construction capacity, surpassing global hubs like London and Dublin, and 7th most established data centre market in the Asia-Pacific (APAC) region, according to a report by a global commercial real estate services provider. At the end of 2024, the city had 335 megawatts (MW) of data centre capacity under construction, which, once completed, will expand its operational capacity by 62 per cent, the report by Cushman & Wakefield stated. Mumbai also accounts for 42 per cent of India's projected under-construction capacity. Digital infrastructure upgrades in the city further support the growth of data centres. 'India's data centre sector has attracted prominent international operators and investors, even as domestic players continue to expand capacity. The next few years will see India add over 2.7 Gw of capacity across under-construction and planned projects, reinforcing its position as a future-ready digital infrastructure powerhouse,' Gautam Saraf, executive managing director – Mumbai & new business, India, Cushman & Wakefield, said, According to a separate report by Cushman & Wakefield, 2025 may witness the completion of three crucial undersea data cable projects landing in Mumbai. These are expected to significantly increase India's internet capacity and speed, enhancing inter-regional digital connectivity with Africa, Europe, the Middle East, and Asia. The completion of these projects will further elevate Mumbai's position as a major connectivity hub in the Southeast Asian region. Also, Pune is ranked fourth among APAC's top emerging data centre markets. The city is rapidly becoming a preferred destination for hyperscalers and enterprise-grade colocation facilities. As of Q1 CY25, Pune's operational data centre stock stands at 112 IT Mw. With an additional 190 IT Mw of capacity currently in the under-construction or planned stages, across key corridors such as Hinjewadi and Pimpri-Chinchwad. Major players, including STT GDC, Nxtra by Airtel, and IronMountain, are anchoring their presence in the region, attracted by Pune's favourable climate, skilled talent pool, dependable power infrastructure, and strategic connectivity to Mumbai's cable landing stations, the report said. Ten of the world's 30 largest data centre markets are now in APAC, with 1.6 Gw of new capacity coming online, bringing the region's total operational data centre capacity to 12.2 Gw. The development pipeline has an additional 14.4 Gw of capacity currently under construction or planned. The key drivers, such as 5G rollouts, increased cloud adoption, rising digital content consumption, and expanding IoT use cases, continue to accelerate demand in the region's data centre sector. These trends have attracted sustained investor interest, supported by rising occupancy levels, stable rental yields, and long-term growth prospects from hyperscale and colocation expansions.
Hans India
5 days ago
- Business
- Hans India
Mumbai ranks 6th globally in data centre under-construction capacity: Report
New Delhi: Mumbai ranks sixth globally in data centre under-construction capacity, surpassing global hubs like London and Dublin while demonstrating the city's rapidly growing status as a data centre hub, a report showed on Tuesday. Mumbai is emerging as a significant contributor to capacity expansion in the Asia-Pacific (APAC) region. The report by Cushman & Wakefield said that Mumbai ranks as the seventh most established data centre market in the APAC region. 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. 'India's data centre landscape is undergoing a strategic shift. Mumbai has firmly positioned itself among the top global markets, while Pune is emerging as a key data centre hub in the APAC region. India's data center sector has attracted prominent international operators and investors, even as domestic players continue to expand capacity,' said Gautam Saraf, Executive Managing Director–Mumbai and New Business, India, Cushman & Wakefield. This dual momentum — global confidence and local commitment — underscores the country's readiness to scale sustainably. 'The next few years will see India add over 2.7 GW of capacity across under-construction and planned projects, reinforcing its position as a future-ready digital infrastructure powerhouse,' he mentioned. The report, covering 97 global markets, highlighted power access, land availability, and infrastructure as key factors shaping data centre development. In Mumbai, the data centre growth is further supported by digital infrastructure upgrades. This year may witness the completion of three crucial undersea data cable projects landing in Mumbai. These are expected to significantly increase India's internet capacity and speed, enhancing inter-regional digital connectivity with Africa, Europe, the Middle East, and Asia. The completion of these projects will further elevate Mumbai's position as a major connectivity hub in the Southeast Asian region, said the report. Ranked 4th among APAC's top emerging data centre markets, Pune is rapidly becoming a preferred destination for hyperscalers and enterprise-grade colocation facilities. As of Q1 2025, Pune's operational data centre stock stands at 112 IT MW. With an additional 190 IT MW of capacity currently in the under-construction or planned stages, across key corridors such as Hinjewadi and Pimpri-Chinchwad, the city is well-positioned for accelerated growth, said the report.
Time of India
5 days ago
- Business
- Time of India
Mumbai emerges as a global data center hub, ranking 6th in under-construction capacity
Mumbai ranks 6th globally in under-construction capacity, surpassing global hubs like London, Dublin, becoming a data centre hub, according to the report by Cushman & Wakefield, covering 97 global markets, highlights power access, land availability, and infrastructure as key factors shaping data center development. Global Data Center markets are seeing surging demand due to relentless growth and expansion of cloud computing and AI workloads. The data center industry experienced significant growth in 2024, Asia Pacific cities continue to demonstrate strong growth momentum, ten of the world's 30 largest data center markets are now in the Asia Pacific region. The report highlights that Asia Pacific ended 2024 with 1.6 GW of new capacity coming online, bringing the region's total operational data center capacity to 12.2 GW. The development pipeline remains strong, with an additional 14.4 GW of capacity currently under construction or planned. Key drivers such as 5G rollouts, increased cloud adoption, rising digital content consumption, and expanding IoT use cases continue to accelerate demand in the region's data center sector. 'India's data center landscape is undergoing a strategic shift—Mumbai has firmly positioned itself among the top global markets, while Pune is emerging as a key data center hub in the APAC region. India's data center sector has attracted prominent international operators and investors, even as domestic players continue to expand capacity,' said Gautam Saraf, Executive Managing Director – Mumbai & New Business, India, Cushman & Wakefield. Live Events These trends have attracted sustained investor interest, supported by rising occupancy levels, stable rental yields, and long-term growth prospects from hyperscale and colocation expansions. With these fundamentals, Asia Pacific is poised for continued growth over the next three to five years. Amid this regional momentum, Mumbai is emerging as a significant contributor to capacity expansion in the APAC region. The report further states that Mumbai ranks as the 7th most established data center market in the APAC region. At the end of 2024 the city had 335 MW of data center capacity under construction, which, once completed, will expand its operational capacity by 62%. At the same time, Mumbai accounts for 42% of India's projected under construction capacity—underscoring its growing prominence as a regional data center hub. The data center growth is further supported by digital infrastructure upgrades in the city. 2025 may witness the completion of three crucial undersea data cable projects landing in Mumbai. These are expected to significantly increase India's internet capacity and speed, enhancing inter-regional digital connectivity with Africa, Europe, the Middle East, and Asia. The completion of these projects will further elevate Mumbai's position as a major connectivity hub in the Southeast Asian region. Pune emerging data center powerhouse Ranked 4th among APAC's top emerging data center markets. As of Q1 2025, Pune's operational data center stock stands at 112 IT MW. With an additional 190 IT MW of capacity currently in the under-construction or planned stages, across key corridors such as Hinjewadi and Pimpri-Chinchwad, the city is well-positioned for accelerated growth. Major players, including STT GDC, Nxtra by Airtel, and IronMountain are anchoring their presence in the region—attracted by Pune's favorable climate, skilled talent pool, dependable power infrastructure, and strategic connectivity to Mumbai's cable landing stations.
