India’s data centre operators’ revenue to surge 20-22% annually by FY28: CRISIL
New Delhi: Revenue of India’s data centre operators is expected to reach ₹20,000 crore annually by fiscal 2028, translating to a robust annual growth of 20-22% as both enterprises and retail consumers dial up usage of digital technologies and platforms, according to a report on Tuesday.
To cater to the buoyant demand, capacity in the industry is expected to double to 2.3-2.5 gigawatt (GW) by March 2028.
“While capital expenditure (capex) is set to rise and will require sizeable debt funding, credit profiles should remain healthy as stable cash flows from operating capacities will keep leverage (Ebitda) in control,” Crisil Ratings said in its report.
