--- title: "India's large data centres run 90% full; Crisil sees a fivefold build to 7.5 GW" summary: "Crisil Ratings' 3 November outlook for India's colocation data centres: utilisation, contracts, tenors, hyperscaler share and city power demand, to March 2030." url: https://www.thetechbag.com/blog/india-data-centres-90-percent-full-crisil format: Note desk: "Cloud & DevOps" region: India published: 2026-11-03 facts_checked: 2026-11-03 author: TechBag (The TechBag Journal) tags: ["data centres","India","colocation","Crisil Ratings","hyperscalers","utilisation","contract tenor","Visakhapatnam","Mumbai","Hyderabad","power","AI infrastructure"] cover: https://www.thetechbag.com/blog/covers/india-data-centres-90-percent-full-crisil.png --- # India's large data centres run 90% full; Crisil sees a fivefold build to 7.5 GW *Crisil Ratings' 3 November outlook for India's colocation data centres: utilisation, contracts, tenors, hyperscaler share and city power demand, to March 2030.* Note · Cloud & DevOps · By TechBag · Published 2026-11-03 · Facts checked 2026-11-03 · Canonical: https://www.thetechbag.com/blog/india-data-centres-90-percent-full-crisil India’s existing large colocation data centres are running at about 90% utilisation, and more than 95% of the capacity now under construction is already contracted, Crisil Ratings said on 3 November.[1] It expects installed capacity to rise five-fold to about 7.5 GW by March 2030, on more than ₹3 lakh crore of investment over four financial years, with hyperscalers leasing 75–80% of it by then.[1] ~90% utilisation of existing large colocation facilities Crisil Ratings, 3 Nov >95% of capacity under construction already contracted Crisil Ratings, 3 Nov 15–20 yrs contract tenors now, from 10–12 years earlier Crisil Ratings, 3 Nov 75–80% hyperscalers’ share of capacity by FY2030, from 60–65% in FY2026 Crisil Ratings, 3 Nov ## What Crisil measured, and what it did not Crisil’s “industry” is third-party colocation: operators that build halls and lease them, not a bank’s own server room. The 90% covers colocation facilities “with capacities exceeding 0.1 GW”. Of about 6 GW of upcoming capacity, under construction or planned for commissioning by FY2030, “nearly half” is committed under long-term contracts.[1] Crisil does not state today’s installed base. Savills, on its own definition, counted about 1.8 GW of operational IT capacity in the first half of 2026.[2] We do not combine the two. Crisil’s 90% also measures something other than the GPU figure in [our 2 November piece](https://www.thetechbag.com/blog/india-ai-compute-pledges-gpu-use): Rhodium Group reported that nearly 80% of the GPUs subsidised under the IndiaAI Mission “reportedly sit unused”.[3] Leased halls can be full while the chips in some of them sit idle. ## The constraint Crisil names: power in three cities About three-quarters of the ~6 GW is expected in Visakhapatnam, Mumbai and Hyderabad.[1] How much electricity that means for each city is in [our 1 October piece on the grid](https://www.thetechbag.com/blog/india-ai-data-centres-power-gigawatts); Crisil’s new measure is the load set against each city’s demand today. **Figure: By FY2030, Visakhapatnam's data centres could equal 80% of the city's peak power demand today** *Data-centre capacity by fiscal 2030 as a share of each city's current peak power demand, %, Crisil Ratings estimate* Visakhapatnam 80% Mumbai 60% Hyderabad 20% | | Value (%) | | --- | --- | | Visakhapatnam | 80 | | Mumbai | 60 | | Hyderabad | 20 | Source: Crisil Ratings, press release · as of 3 November 2026 · Crisil's rounded figures (“around”); it does not give the megawatts behind them Crisil’s other risks: investments “typically precede cash generation by 24-36 months”, so developers’ debt stays high; “a meaningful contract renewal track record is yet to be established”, in the words of Associate Director Nitin Bansal; and as hyperscalers gain bargaining power, “any pressure on rentals may weaken project returns”. Pricing has “remained broadly stable so far”, and rents are 30–35% below peer markets, Director Anand Kulkarni said.[1] ## For an enterprise buying space in India TechBag countWhat is left for everyone else If hyperscalers lease 75–80% of about 7.5 GW in FY2030, the rest, for enterprises, AI firms, government and Indian cloud providers, is 20–25%: about 1.5–1.9 GW, by our arithmetic on Crisil’s two FY2030 figures. Rhodium put today’s split at roughly 60% leased by hyperscalers against “less than 13%” in enterprise and edge centres used only by Indian entities.[3] Our viewOur view: what to settle before signing In halls that are ~90% full, with new ones sold before they are finished, an enterprise is a small tenant beside 15–20 year hyperscaler leases. Ask for expansion rights in writing, the date the site’s grid connection is energised, and whether the hall supports the higher power density and cooling that Crisil says older facilities will need for GenAI workloads.[1] How we did this Figures as of 3 November 2026, 7pm IST Every Crisil figure is from its 3 November release, footnotes included; the city shares are Crisil’s rounded estimates. Crisil gives no current installed capacity, and we print none as its own; the 1.8 GW is Savills’, on a different definition. The FY2030 capacity left outside hyperscalers is our arithmetic. Rhodium’s shares are from its 27 October report. The questions in “our view” are ours, not Crisil’s. Spotted an error? Write to us; corrections are published at the foot of the piece. Sources 1. [Crisil Ratings: India's data centre capacity set for 5x surge by 2030](https://www.crisilratings.com/en/home/newsroom/press-releases/2026/11/indias-data-centre-capacity-set-for-5x-surge-by-2030.html) — 3 November 2026 2. [Indian Infrastructure: India's data centre capacity additions grow 59 per cent in H1 2026 (Savills India data)](https://indianinfrastructure.com/2026/07/22/indias-data-centre-capacity-additions-grow-59-per-cent-in-h1-2026-says-industry-report/) — 22 July 2026 3. [Rhodium Group: Hyperscaler Heaven? A Reality Check on India's AI Ambitions](https://rhg.com/research/hyperscaler-heaven-a-reality-check-on-indias-ai-ambitions/) — 27 October 2026 Related on TechBag: [the AWS hub](https://www.thetechbag.com/aws), [Microsoft Azure](https://www.thetechbag.com/microsoft/microsoft-azure) and [Google Cloud](https://www.thetechbag.com/google/google-cloud), the three hyperscalers building in India. **Disclosure.** TechBag is a software reseller: it earns a margin when a reader buys through it, including from vendors named here. The analysis is TechBag’s own; no vendor paid for or saw this piece before publication. Facts are labelled reported, TechBag count or our view. Go deeper on TechBag - [The power India's AI data centres need](https://www.thetechbag.com/blog/india-ai-data-centres-power-gigawatts) — the city megawatts and the grid behind the same build-out - [US$300bn pledged; subsidised GPUs reportedly 20% used](https://www.thetechbag.com/blog/india-ai-compute-pledges-gpu-use) — the pledges, and the GPUs inside the halls - [The AWS hub](https://www.thetechbag.com/aws) — one of the hyperscalers leasing India's new capacity