State Bank of India (SBI), the country’s largest public sector bank, is preparing to tap into one of the fastest-growing industries in India — data centres. The bank is planning to increase its lending to this sector from around ₹2,800 crore to ₹4,000 crore by March 2026. This move also supports the Finance Ministry’s push for public sector banks to explore new and high-growth business opportunities.
According to a Colliers report, India’s data centre sector has been booming. Since 2020, nearly $15 billion has been invested, and another $20–25 billion is expected in the next six years. Rising digital usage, cloud services, and AI adoption are driving this rapid demand.
The report also shows that India’s data centre capacity touched 1,263 MW by April 2025 across seven major cities. This capacity is expected to grow more than three times and cross 4,500 MW by 2030. The real estate footprint of data centres is also expanding — from the current 15.9 million sq ft to an estimated 55 million sq ft by 2030.
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