New Delhi: India, a mega generator of digital datais set to be computational capabilities significantly by purchasing 10,000 graphics processing units (GPUs) within the next 18 months, the country's countries have informed G20 Sherpa Amitabh Kant on Thursday.
In a post on his
India also holds the position with the second highest number GitHub AI projects globally, accounting for 19 percent of global AI projects, Kant said in his X post.
“This shows our vibrant and active commitment AI development on an international scale,” the X-post said. “AI will be a decisive opportunity for India to transform learning and health outcomes and improve human development indices.”
In a report published by CBRE South Asia Pvt. Ltd, a leading real estate consultancy, said on Wednesday that India ranks highest among key countries in the Asia-Pacific region data center capacity of 950 MW, excluding China.
According to the report, India has overtaken major countries like Australia, Hong Kong SAR, Japan, Singapore and Korea.
Moreover, the report predicts that India is likely to record the highest capacity expansion of 850 MW during 2024-2026, more than major countries in the Asia-Pacific region.
A data center is typically a large group of network servers used by organizations for the remote storage or distribution of large amounts of data.
India's data center industry has entered its growth phase and capacity is expected to double in the next three years, from about 0.9 gigawatts (GW) in 2023 to 2 GW in 2026, CareEdge Ratings said in a March report. This additional built-up capacity has created significant investment prospects due to the estimated capital requirement of Rs 50,000 crore over the next three years.
According to the Care report, India has a data center capacity share of just 3 percent globally, despite generating 20 percent of global data. While mobile data usage in India is the highest globally compared to exabytes usage per month.
CareEdge Ratings expects that the need for data localization will lead to mandatory investments in data centers and cost-saving incentives from states to attract investments.
“India is shifting from a developing to a developed market economy, and the digital revolution is fueling economic expansion and producing vast amounts of data. Some of the key drivers of this rapid digitalization are e-commerce, internet payments, online streaming, and adoption of new technologies such as 5G, IoTand AI. The share of Edge data centers is also expected to increase to meet the growing demand of tier II and tier III cities to ensure lower latency,” said Maulesh Desai, Director, CareEdge Ratings.