India’s data centre industry capacity to double by 2023: report
The Hindu
The rollout of 5G services by telecom companies is likely to drive exponential growth in data consumption.
India’s data centre industry is expected to double in capacity by 2023, driven by digitalisation and rising cloud adoption, according to property consultant JLL. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) Data centres are a large network of computer servers that are used by organisations across various industries to store, process and distribute large amounts of data. Data capacity is measured in megawatt (MW) and gigawatt (GW) and indicate how much data the network of servers is capable of consuming.
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In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.
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