Infrastructure - #SectorUpdates
Data centres with over 5 megawatt capacity of IT load have been accorded infrastructure status by the Central Government. The Union Finance Minister in her budget speech announced that data centres would be granted infrastructure status. The capacity of data centres is measured in terms of power they consume which reflects on the scale of the server they are hosting in their facilities. Capacity expansion of data centres in India, according to reports, by both foreign and local firms is projected to add Rs 1.05 lakh to 1.2 lakh crore investments over the period of next five years. The development is likely to help data centre companies to get easier access to institutional credit at lower rates, and attract foreign investments.