India, Jan. 31 -- With the rising demand for digital infrastructure, the Economic Survey for 2024-25 tabled in Parliament today (January 31), projected India's data centre market to touch $11.6 Bn by 2032, at a CAGR of 10.98% from $4.5 Bn in 2023.

Buoyed by technological advancement, the number of India's Global Capability Centres (GCCs) has grown over 18% in the last five years to 1,700 in FY24 from 1,430 in FY19, the survey said.

Over these years, Indian capability centres emerged as strategic hubs with more than 400 new GCCs and around 1,100 new units established, it added.

The GCC ecosystem got a boost with the adoption of artificial intelligence (AI) and machine learning (ML) in the country.

(The story will be updated soon)

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