Mumbai to see twofold jump in data centre capacity by 2023
New Delhi: Mumbai data centre market to explode with the total installed capacity in the city likely to jump more than twofold to reach about 530 MW by the end of 2023 from the existing 199 MW.
The current collocations assets are 24 spread over 38 lakh square feet space. The city has about 121 MW capacity under construction which is likely to be completed by the end of the current calendar year. Another 140 MW is expected to be completed by end of next year and around 69 MW by the end of 2023, according to a study by JLL.
At 199 MW, Mumbai accounts for about 44 percent of the total installed capacity in the country at the end of 2020. The monthly recurring charges in the city for sub 250KW capacity are in the range of USD 120-150. For 250KW to 1MW capacity, it is USD 90-125 and for 1-5MW, it is USD 80-105.
The city saw net absorption of about 57MW of capacity in 2020. The new supply in 2020 was backed by pre-commitments from various cloud players. A trend is being seen that operators are adopting self-perform land banking and also three site and modular design strategy to reduce time to market. The data centres in Mumbai are most preferred by various cloud players because of excellent infrastructure. The BFSI, OTT, gaming and e-commerce industries are driving retail demand for data centres in the city.