Godrej & Boyce has announced that its MEP (Mechanical, Electrical and Public health engineering) business vertical is targeting annual revenue growth of 25 per cent in Data Centre projects by FY24.
A release from Godrej & Boyce said the MEP business has secured several high-value projects in Mumbai and Delhi, for various data centre clients.
Against the backdrop of the “Big Data Revolution” by the incumbent government, India’s data center industry is estimated to double by 2023, the release noted.
Growth drivers
Fueled by the adoption of cloud technologies, IoT devices, increase in data consumption, and the impending 5G rollout, among others, the data center industry is already witnessing a major boom as the pandemic has hastened the process.
This opportunity has bought about a turnaround in the Indian market and many big tech companies both domestic and international, have invested in opening data centers in India.
Optimizing resources
According to Pravin Rawool, AVP & Business Head – Godrej MEP, says, “The Data Centre Industry is one of the most lucrative and fastest-growing industries in India. With an aim to help integrate energy and water-saving measures Godrej MEP not only provides greater efficiency and benefits in operations but also helps optimize the use of scarce community resources. At Godrej MEP, we will continue to partner with Indian and global players to provide the best mechanical, electrical and firefighting services that are essential to the functioning and safety of data centres.”
Also read: Godrej & Boyce Commissions 220kV Substation In Karnataka
Infrastructure status
The Ministry of Electronics & Information Technology announced a policy that the government would provide ‘infrastructure status’ for the data centre sector, thus bringing it on par with crucial industries such as railways, roadways, and power. The government is also working on a scheme for a hyper-scale data center to incentivize investments. Reflecting this, Godrej MEP has also witnessed an uptick in inquiries for critical services such as electrical, HVAC, firefighting & public health engineering, from a number of global and local data center players, the release said.
Featured photograph (source: Godrej & Boyce) shows power cables, laid in cable trays.
