New Delhi, Sept. 17 -- India's data centre industry is set for strong growth over the next few years, with total capacity expected to rise five times to 8GW by 2030, according to a report by Jefferies.

The growth will be fueled by rising data traffic, increasing use of artificial intelligence (AI), lower latency needs, and regulatory push for data localisation.

It stated, "India's data centre capacity looks set to jump 5x to 8GW by 2030 led by surging data traffic."

The report highlighted that this expansion in capacity will need a large investment. Setting up 1MW of data centre capacity in India requires capex of USD 4-5 million.

To reach the targeted incremental capacity of 6.4GW by 2030, the industry will require a total facility c...