India to witness rapid data centre growth fueled by favourable demographics: Goldman Sachs
India is on track to expand its data centre market rapidly, supported by favorable demographics, deep engineering talent, and its strategic proximity to the Middle East, according to a Goldman Sachs report.
The report, titled Outlook for Data Centers in Asia, states that data centre demand is expected to grow at a 20% compound annual growth rate (CAGR) in China from 2025 to 2028, driven by structural developments in AI and stepped-up investments by hyperscalers and large language model companies.
The report identifies India, Japan, and the Philippines as key growth markets in the broader Asian region.
