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India鈥檚 data centre industry has over $6.5 billion in investments committed through private equity, joint ventures, and acquisitions between 2014 and 2024, finds a new report India Data Centre Market: Growth, Trends & Outlook by ANARAOCK Capital. The industry has witnessed exponential growth between 2019 and 2024, recording a 139 per cent increase in capacity - scaling from 590 MW in 2019 to 1.4 GW in 2024. Devi Shankar, Executive Director - Industrial, Logistics & Data Centres, ANAROCK Capital, says, This surge is underpinned by rising internet penetration, which has risen from 33.4 per cent in 2019 to 55.2 per cent in 2024), a near-doubling in data consumption per user from 11.5 GB to 21.1 GB/month, and an explosion in average traffic per smartphone, which grew from 13 GB to 32 GB. India now leads globally in average mobile data traffic per smartphone, and just this fact alone has had a palpable impact on the demand for high-grade data centres in the country. India's booming digital engagement is a direct indicator of future DC demand. Market Concentration & City-Wise Distribution Mumbai and Chennai dominate the DC market, accounting for 70 per cent of India鈥檚 total IT power capacity, with Mumbai alone contributing nearly half at 49 per cent. These cities also witnessed record-breaking supply growth from 2022 to 2024鈥�92 per cent in Mumbai and 340 per cent in Chennai. Other key markets include: Noida: 9 per cent, Bangalore: 8 per cent, Hyderabad: 4 per cent, and Pune: 5 per cent