India’s data centre industry is set for strong expansion, with revenues expected to reach nearly Rs. 20,000 crore by FY28. According to Crisil, this rise will be driven by a steady compound annual growth rate of 20-22 percent between FY26 and FY28.

This rapid growth is being driven by the increasing use of cloud services, AI-based workloads, and the surge in digital consumption across the country. Ratings agency Crisil reports that the next three years will be crucial as operators add capacity and meet the growing demand from enterprises and retail users.

To keep up with this momentum, India’s data centre capacity is projected to more than double to 2.3-2.5 GW by March 2028. A large share of this growth will come from a new supply of 1.1-1.3 GW expected to go live between FY26 and FY28.

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