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Sify to invest Rs 3K crore in 5 years to boost data centre capacity.
The data center market is booming in India as enterprises migrate to the cloud. In this demand-driven market, Sify is all set to accelerate its capability with an investment of INR 3000 crores to expand its data center capacity across India over the next five years.
With 11 Data Centers PAN-India, Sify’s current DC capacity stand at over 100 MW and will go up to 350 MW in the coming years.
Three greenfield data centre projects are currently under construction with a design capacity of close to 200 MW. The first one with a capacity of about 38 MW, is expected to be operational at Mumbai in October 2023. The remaining two projects in Noida and Chennai, with a design capacity of 80 MW each, are expected to become online by the end of this financial year.
Data localisation and cost efficiency are among the key factors driving demand for data centres in India. “There is no point for content which is consumed in India to get hosted somewhere else where it goes all the way and comes back every time. The data should be localised.” said M P Vijay Kumar – Executive Director & Group CFO at Sify.
He also added how Sify has been driving a significant portion of data center consumption in the country, with two-thirds of its capacity serving hyper scalers, and the rest-hosting enterprises across segments like Government, BFSI, e-commerce, media & entertainment, manufacturing, and retail.
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