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Indian data centres may get up to Rs 1.2 Lakh crore investment in 5 years: Report

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Content Team
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Data centres capacity expansion in India by both foreign and local firms is expected to add investments to the tune of Rs 1.05 lakh to 1.2 lakh crore over the period of next five years, credit rating agency ICRA said on Tuesday. The Indian data centres market is witnessing a healthy growth primarily driven by large hyper-scalers who are outsourcing their storage needs to third party data centre providers, ICRA said.