Current Affairs

Data Centre- Becoming Investor’s Centre of Attraction As we dive deeper into the digital age, think of data centers as the powerhouses behind our online obsessions. They're the secret sauce that keeps your Netflix running and your Amazon orders flying. As more and more people can't get enough of digital stuff, data centers are evolving faster than a high-speed wi-fi connection. As digital services and infrastructure demand keeps growing, the data center market remains a vital contributor to the global economy in future as well. The data center market in India is growing rapidly; by 2026, it is expected to have doubled in capacity to 2,000 MW, growing at a compound annual growth rate of almost 40%. This growth surge is anticipated to draw substantial investments, with an estimated capital expenditure of Rs 50,000 crore over the next three years until 2026, according to CareEdge Ratings. The company's revenue surge is particularly from its data center operations. With hea