Mumbai set to hold 68% of India's data centre capacity by 2030

MUMBAI: Mumbai is deepening its position as India’s primary data centre hub, supported by banking sector operations, cloud infrastructure demand and international subsea cable routing.

The city's share of installed data centre capacity across India's tier-I markets will reach an estimated 68% by 2030, rising from 52% in H1 2026, according to CII-CBRE data. Mumbai's installed capacity will grow 2.1 times over the period, expanding from 0.9 GW in H1 2026 to over 2 GW by 2030.

The capacity expansion reflects sustained requirements from financial institutions, cloud service providers, government bodies and defense entities seeking facilities for data storage, artificial intelligence workloads and enterprise IT operations.


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“The scale of capital committing to this sector stands out. There were investment commitments of around $38 billion towards data centers in the first half of 2026 alone, reflecting a level of long-term conviction we have not previously seen in Indian data centres. The AI-linked investment pipeline is changing what gets built,” said Anshuman Magazine, Chairman & CEO, India, South-East Asia, Middle East & Africa, CBRE.

According to him, requirements are moving beyond hyperscale cloud and colocation towards GPU-focused deployments and direct captive capacity, and those assets look materially different from what the market was delivering five years ago

The study highlights that Mumbai's leadership position rests on structural factors, including power infrastructure, fibre connectivity, minimal natural hazard risk and subsea cable terminations.

Chandivali and Navi Mumbai, specifically the Thane–Belapur corridor and Panvel, are leading capacity growth, offering land parcels, power availability and connectivity for large-format developments.

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India added 130 MW of new data centre supply in H1 2026, representing an 18% year-on-year increase. Capital commitments were led by hyperscale and colocation investments, alongside an AI-linked investment pipeline. Domestic operators drove 50% of H1 2026 supply, with EMEA- and Americas-based players accounting for the remaining share.

CBRE expects the tenant mix to broaden through FY2027 to include GPU-focused neoclouds and direct enterprise deployments alongside hyperscale cloud and third-party colocation providers. Investors are using joint ventures and structured partnerships to fund AI-ready developments rather than standard ownership models.

While development will extend towards secondary hubs offering land, power and policy incentives, the report indicates that this diversification will not alter Mumbai’s market leadership within the decade.