Foreign companies have rented 105 million square feet of prime office space for Global Capability Centers () in India since 2022. This massive growth in data infrastructure highlights India's critical need for expanded data storage.
105 million sq ft
Space Rented by GCCs (Since 2022)
⏳ Time Machine
How today’s news fits into the bigger picture
2020
Growth of Global Capability Centers (GCCs)
Foreign corporations began shifting their R&D and core data operations to India, creating an unprecedented demand for high-end office space.
2024
Data Residency Policy Push
Government initiatives mandated that sensitive Indian financial and personal data be stored within India, forcing companies to accelerate data center investment.
July 2026
Colliers report on land demand
New industry data highlighted the scale of foreign investment and the emerging bottlenecks of land and power access.
Today
Reports confirmed 105 million sq. ft. of space rented for GCCs since 2022.
What happens next?
Watch for state-level policies targeting power access for data centers within the next year.
The Indian data center sector is experiencing an investment and expansion boom, driven by the rapid growth of Global Capability Centers (GCCs) established by international corporations. Since 2022, these foreign firms have secured over 105 million square feet of prime office space across seven major cities. Despite this growth, India still faces significant infrastructure bottlenecks, specifically regarding land and power access, which remain major hurdles to fulfilling the country's data storage potential. As India continues to generate roughly one-fifth of the world's data while storing only a tiny fraction of it, this investment rush is a critical step in building the physical infrastructure necessary to support India's digital economy for the next decade.
💭 If you're wondering…
A GCC is an office established by a global company in India to handle core technical work, R&D, and data processing rather than just routine back-office IT support.
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Official sources
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