AI to drive 500 MW data centre capacity addition in India over next four years

Artificial Intelligence (AI) is expected to add 500 MW to India’s data centre capacity over the next four years, according to a report by Avendus Capital. India’s data centre market, among the fastest-growing globally, has seen capacity rise from 540 MW in 2019 to 1,011 MW in 2023. With a projected CAGR of 26% over the next three years, the sector is attracting diverse investors. The rise in AI workloads, anticipated to surpass traditional cloud…