As projects scale up, credit flow to data centres rises

As India’s data centre capacity is projected to grow fivefold by 2030, credit flow to the sector is rising sharply. Banks and rating agencies report strong loan demand from data centre operators to fund high capex projects, with debt typically covering 60–70% of costs. Major players like Yotta, Adani Connex, Sify, and Nxtra are increasingly leveraging loans to support expansion.