Newsletter
CapitaLand’s India Data Centre Fund (CIDCF) will buy a 20.2% stake in three data centres from CapitaLand India Trust for about ₹702 crore.
What do they do: CapitaLand is one of Asia's largest diversified real estate groups, headquartered in Singapore, focusing on development, and management of properties.
CIDCF is a dedicated investment fund set up by CapitaLand Investment to own and invest in data centres in India.
The deets: these data centres are being built in Mumbai, Hyderabad, and Chennai. They are AI-ready, designed to be energy-efficient, and built to serve large tech companies and cloud players. Together, they will have a total capacity of 200 MW.
A 200 MW data centre runs non-stop, year after year, using enough electricity to power 15-20 lakh homes annually, but for the internet.
Why it matters: India’s data centre capacity is set to double by 2027, driven by cloud adoption, data localisation, and AI workloads.
As the country becomes a global hotspot for data centre investments, funds like CapitaLand’s are tapping into this surge. Capacity is estimated at 2,070 MW by 2025 and could exceed 4,500 MW by 2030, creating $20–25 billion in investment opportunities.
