Mantra Data Centers will design, build and operate Data Center facilities with an initial IT load of 20MW in each of the key data hubs: Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata. The total addressable Indian Data Center market is estimated to surpass $8.5 Billion by 2023 with an increasing share of third party DCs (from ~45% in FY18 to ~62% inFY23) The Data Residency Bill is expected to impact E-Commerce, Social Media and BFSI companies as data will need to be stored locally.
Source: https://www.helpnetsecurity.com/2021/08/04/mantra-data-center-investment/