In a meeting with industry stakeholders comprising startups and MSMEs among others on the ‘Draft National Data Centre and Cloud Policy’, Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology (MeitY), said that the Software Technology Parks of India (STPI) will play the role of an enabler and facilitator between data centre investors and states for approvals. This is because STPIs have a wide network of offices across India

As per the Chandrasekhar, representatives from the industry suggested coordination and facilitation at the state level as establishing data centres needs approval and ensuring green energy supply. To this end, the government made STPI the enabler and facilitator between entrepreneurs and investors and various state governments.

Meanwhile, in the cloud space over the next one or two years, a few unicorns are expected to emerge from India, which is predestined to being a data and cloud provider to the world. Further, the size of the digital economy in India is estimated to grow exponentially from around $200 billion to $1 trillion by 2025-26. At present, India has 499 MW installed power capacity for data centres and the centre plans to add an additional 2,000 MW capacity in next five years.

In addition, under the hyperscale data centre scheme, the government is targeting an investment of Rs 3 trillion in the next five years. Further, the minister informed that the government has committed around $30 billion to promote electronics and semiconductor ecosystem.