Vestian: 65% of office space in India is green-certified

Delhi, 16th July 2024: Accessing any real estate company’s performance based on ESG becomes crucial as the real estate sector is the 2nd largest employer in India, accounting for 39% of carbon emissions. The government’s constant push to achieve net zero emissions by 2070 is likely to play a pivotal role in shaping the real estate market in India.

As per Vestian Research, over 65% of Grade A office space across India’s top 7 cities is green-certified. Moreover, among 1,362 Grade A buildings, 805 (or 59%) boast of green certifications, highlighting India’s growing commitment to sustainable construction.

As India’s office market attracts global occupiers, developers are increasingly prioritizing international certifications. This trend is reflected in the dominance of LEED certification, which accounts for a remarkable 74% share as of Q2 2024. Moreover, Gold is the most prominent certification in the Indian office market as 49% of buildings are certified gold under LEED and 51% are accredited gold under IGBC.

City Total Stock (Mn sq ft) Green Stock (Mn sq ft) % Share
Bengaluru 270.2 172.1 64%
Chennai 82.6 68.3 83%
Hyderabad 152.9 95.9 63%
Kolkata 27.4 16.9 62%
Mumbai 147.9 90.4 61%
NCR 129.7 90.2 70%
Pune 77.8 43.8 56%
Total 888.5 577.7 65%

Note: Data for Grade A buildings considered for the analysis

Source: Vestian Research

City-wise Analysis

Southern cities (Bengaluru, Chennai, and Hyderabad) account for 58% of the total green stock pan-India. Bengaluru accounts for the highest, 172 Mn sq ft, green stock amongst the top seven cities of India.  Chennai accounts for the highest percentage share, 83%, of green stock out of the city’s total Grade A stock.

Despite having the lowest stock for Grade A office buildings in pan-India, 62% of the area is green-certified in Kolkata. On the other hand, Pune has the lowest percentage, 56%, of green-certified office buildings despite the prominence of MNCs in city leasing.

Built-up Area-wise Analysis

Grade A office buildings with a built-up area of less than 5 lakh sq ft account for 47% of the total number of green-certified buildings. On the other hand, office buildings with a built-up area of more than 10 lakh sq ft account for only 19% of the total number of green-certified buildings. Despite this, 90% of the total projects within this category still qualify as green buildings, showcasing a strong focus on sustainability. Notably, green certification is rare in office buildings with a built-up area of less than 1 lakh sq ft. This signifies lower preference for sustainability practices amongst small and medium-scale developers and occupiers.

Green-certified Projects Command Premium in Rental Values

City Premium (%)
Bengaluru 23-25
Chennai 12-14
Hyderabad 13-15
Kolkata 3-4
Mumbai 10-12
NCR 6-8
Pune 8-10

Note: Data for Grade A buildings considered for the analysis

Source: Vestian Research

Green-certified buildings command a 12% to 14% premium on average over non-green buildings. This demonstrates that developers are rewarded for initial investment in costly sustainable development, as they can charge a premium from occupiers.

Bengaluru leads the pack with a premium of 23-25% with Chennai and Hyderabad following behind at 12-14% and 13-15%, respectively. This suggests a strong focus on sustainability in these tech hubs, where companies are willing to paya premium to promote environmental responsibility and enhance employee well-being. Developers in Mumbai and Pune charge 8-12% premium in rentals for green-certified buildings compared to non-certified areas.

Herbochem Launches Plant-Based Protein Line: Sustainable Future Ahead

Hyderabad, 16th July 2024 – Herbochem, a pioneer in the health and wellness industry, is enthusiastic to announce the launch of a new lineup of plant-based proteins which are designed for people who are looking for better fitness. This innovative range aims to cater to the growing demand for high-quality, sustainable protein sources that support an active lifestyle. Plant-based proteins have gained immense popularity in recent years, not only among vegetarians and vegans but also among fitness enthusiasts and athletes seeking to enhance their performance and recovery. The new range is a testament to Herbochem’s dedication to healthier lives, as well as environmentally sustainable practices. The company has a protein-based production line that concentrates on three key proteins, Pea, Soy and Moringa, that are not only rich in essential nutrients but also give sustainable and eco-friendly options to animal-based proteins.

Pea protein is recognized for its good digestibility, non-allergic characteristics and balanced amino acid pattern having a rich content of iron. As for soy protein, it is a full protein that has all nine amino acids which are essential for human nutrition. It is well-regarded for its ability to support muscle growth and maintenance, as well as its potential benefits for heart health. The moringa tree is known for its leaves, which contain huge quantities of nutrients and antioxidants, thus it benefits muscular development and maintenance. This makes moringa protein very beneficial for maintaining good heart health. It also supports immune functions, energy levels as well as overall well-being.

Karthik Kondepudi, Partner at Herbochem, commented, ” We are happy to announce the launch of our new line of plant-derived proteins. Herbochem’s philosophy is that there is no other source of protein that is sustainable and healthy like that from nature. Our new line of products is designed to provide exceptional nutritional benefits while conforming to our company’s motto of remaining environmentally friendly. We’re confident that our plant-based proteins will meet the growing demand for green and efficient nutrition.”

In addition to its plant-based proteins, Herbochem is also at the forefront of manufacturing plant-based minerals, providing innovative and sustainable solutions for health and wellness. These minerals are derived from natural plant sources, ensuring they are bioavailable and easily absorbed by the body. Herbochem’s commitment to plant-based minerals includes Calcium, Magnesium, Iron, and Zinc.

Spotlight on Success: Dr. K. V. Rao Scientific Society’s 24th Annual Science Awards Winners

Dr Priya Abraham, Sr. Prof from CMC Vellore and Former Director of the National Institute of Virology, Pune delivered the Annual Oration Lecture.

Only 27% of the population has taken booster doses. We are pushing the government to bring the booster doses back so that more should take them for their safety: Dr Priya Abraham.

KVRSS enters its 25th year. It plans to develop a state-of-the-art science center complex.

Hyderabad, July 15th, 2024…….Dr. K. V. Rao Scientific Society’s 24th Annual Science Awards Function was held Saturday night at B. M. Birla Science Centre, Hyderabad.

N Kusuma Latha ZPHS Eluru seen receiving KVRSS School Talent award for her science project from Dr Priya Abraham and Parto Prathimkar

KVRSS has been involved in promoting science by spotting and recognizing talent at the school and university levels for the past 24 years.

Prof. (Dr.) Priya Abraham, Senior Professor, Christian Medical College (CMC), Vellore, and Former Director, National Institute of Virology, Pune delivered the KV Rao Memorial Oration. She was part of the ICMR team that developed the COVAXIN vaccine

She presented the 24th Annual Memorial Oration “The Making of an Indigenous COVID Vaccine and More” where she dwelled on the arduous task of developing the first Indigenous antibody detection assay (Kavach ELISA) which was used in the four national serosurveys for COVID-19 and the collaboration with industry in making a candidate vaccine. Dr Priya and her team worked throughout the pandemic, and it was their relentless effort which helped India come out of the pandemic with minimal casualties.

Speaking on the occasion she said a vaccine takes 10 long years to be developed. But during a crisis like a pandemic, it was developed in just ten and half months. Scientists are not the soldiers at the borders like our fauzi but they are civilian fauzi, she said.

Speaking further she said only 27% of the population has taken a booster dose which is not good. Everyone must take the booster dose. I am in my capacity pushing to the government to bring the vaccines back into the market and encourage more to take booster doses, she said.

The Covid vaccines must be commonly available in the market for people to take booster doses she said

Many countries have realized the need for pandemic preparedness to counter any pandemics that may hit in the future.

Mr. Partho Pratim Kar, Joint Managing Director, Jaykay Enterprises Limited, New Delhi was the Chief Guest. He is an industry leader and pioneer in Indian Retail and works extensively in diverse areas of the social sector including schools. Good teachers make up the good school and not National Education Policy. We need to focus on how to develop good teachers. Teaching has to be by choice and not by default.

Prof. (Dr.) Priya Abraham, Senior Professor, Christian Medical College (CMC), Vellore and Former Director, National Institute of Virology, Pune and Dr Ratna_Secretary KVRSS

Both the guest gave away the 24th Annual Research Awards, 19th School Talent Awards, 13th SPARK Innovation Awards, and 4th SMART (Science Meets ART) Awards.

During the function, the 24th Annual Research Awards were presented to encourage research in basic sciences. It recognized exceptional research in fundamental scientific disciplines by students under the age of 30 across India.

19th School Talent Awards are initiated in collaboration with the Andhra Pradesh State Council of Science & Technology (APCOST). These awards acknowledge exemplary science projects presented by students from various districts, particularly government schools, based on a designated theme provided by the Department of Science and Technology. Scholarship opportunities were awarded to select students.

The 13th SPARK Innovation Awards were given to stimulate the young minds of India, Students present Science Models with Concepts. 40 Projects were selected for final presentations

4th SMART (Science Meets ART) Awards were initiated to celebrate National Science Day and to let school students visualize science. This program fosters a visual understanding of science among school students, the SMART program encourages the creation of models that translate mathematical concepts into engaging stories.

Recently the Society established a Science Innovation Centre and a Mobile Science Lab to offer interactive and accessible science experiences for school children. These initiatives have demonstrably impacted over 10,000 students in the past two years.

As KVRSS enters its 25th year, ambitious plans are underway to develop a state-of-the-art science centre complex. This innovative facility will be designed to provide a vibrant space for learning, exploration, and enjoyment of science for all.

Applications for IBSAT 2024 for MBA/PGPM Program in ICFAI Business School are now open

HYDERABAD, India, July 13, 2024  — Applications are now open for IBSAT 2024, the proctored, online aptitude test conducted by The ICFAI Foundation for Higher Education, scheduled for December 28-29, 2024. This examination offers aspiring students the chance to secure admission into renowned MBA, PGPM, and PhD programs across the nine distinguished ICFAI Business School (IBS) campuses.

IBS Logo

Exam details

IBSAT which is among top MBA Entrance Exams in India, is a remote proctored computer-based test (CBT) consisting of multiple-choice questions designed to assess an applicant’s abilities in quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning, and reading comprehension. The test duration is 2 hours, and it comprises 140 questions divided into four sections: Verbal Ability (50 questions), Reading Comprehension (30 questions), Quantitative Aptitude (30 questions), and Data Adequacy and Data Interpretation (30 questions). This test is not having any negative marking.

Programs and campuses

Scores from IBSAT 2024 are accepted, alternatively valid scores from 2022 onwards of CAT, NMAT by GMAC™, XAT, or GMAT™ are also accepted for admission to MBA programs at IBS Hyderabad, IBS Bangalore, IBS Dehradun, and IBS Jaipur, as well as PGPM programs at IBS Ahmedabad, IBS Gurgaon, IBS Kolkata, IBS Mumbai, and IBS Pune.

Selection process

Eligible candidates will be called to participate in the selection process at IBS Hyderabad in February/March 2025. This process includes a Micro-Presentation and a Personal Interview. The final selection is based on the candidate’s performance in these areas along with their past academic record (Class X, XII, and Graduation).

Important dates

  • Application Period: July 1, 2024 – 3rd week of December 2024
  • Test Dates: December 28-29, 2024
  • Result Announcement: January 1st week, 2025
  • Selection Briefings: January 2nd week, 2025
  • Selection Process: February/March 2025 (Micro Presentation & Personal Interview)

Scholarships

ICFAI Business School (IBS) one of the top Management colleges of India, offers scholarships top performers only in IBSAT 2024 test which is scheduled to be conducted on December 28-29, 2024. The top 500 scorers in IBSAT 2024 will receive Rs 2 lakh each, adjusted against the first and second installments of the program fee. These scholarships are available for wards of IBS alumni, physically challenged candidates, and wards of Defence personnel (Army, Air Force, Navy, and Paramilitary Forces).

How to apply for IBSAT 2024

Applicants for IBSAT 2024 need to visit the application portal, fill out the form, enter personal and contact details, submit the form, proceed to the payment page, and pay the fee of Rs 1800. Upon successful payment, applicants will receive a confirmation email/SMS and the IBSAT Bulletin within one week.

FLO StyleTatvato be held for two days on July 20th and 21st at Hitex

Hyderabad, July 12, 2024…. FLO StyleTatva, the 4th edition of a two-day exhibition aimed at women’s empowerment and MSME promotion will be held for two days on July 20th, and 21st, from 10 am to 8 pm at Hall No. 2, Hitex, Hyderabad. Suma Kanakala, TV & Film Presenter, Entrepreneur, Producer, and Actress will formally inaugurate the same.

FLO StyleTatva, the 4th edition of a two-day exhibition, Hyderabad, Sudha Moola, FLO Hyderabad, FLO StyleTatva, Rekha Lahoti,

StyleTatva is considered the Bahubali of Fashion, Lifestyle and Jewellery expos in the city. With over 212 stalls and 200 brands, it is not only the biggest in Hyderabad but also the most inclusive. 200 plus MSMEs from 15 states will participate in the expo. The expo is supported by Tiraa by Tibarumal, Oro Jewels & Mandir

Some of the highlights are 01. FLO-assisted Entrepreneurs Pavilion, 02. Udyam Registration Desk, 03. Telangana Food Festival, 04. Sakala – The Handlooms & Handicrafts Initiative

The special pavilion showcases FLO-assisted entrepreneurs over the last 5 years. This includes products from Pochampally, Cheriyal, Narayanpet, Puttapaka and Siddipet artisan and weaver clusters. They will be showcasing fabrics, sarees, and value-added products in Ikat, Narayanpet, Telia Rumal, Gollabhama and Muthyam Gadi weaves, as well as handcrafted marvels from Cheriyal.

FLO Hyderabad has facilitated orders worth INR 1.2 lakh for the two weavers’ clusters in June 2024 month alone. At FLO StyleTatva, a wide range of specially designed sarees, salwar suit sets, dupattas, table linen and more will be showcased in the FLO-assisted Entrepreneurs Pavilion through design intervention by the Sakala team.

02. Udyam Registration Desk will assist MSMEs.

03. Telangana Food Festival, will be serving up authentic Telangana food to participants and visitors with 2 different menus on 2 days.

04. SaKala – The Handlooms & Handicrafts Initiative. FLO Hyderabad, as part of its social impact endeavours, pledged support to the Siddipet Weavers Cluster covering the Gollabhama and Muthyam Gadi weaves. With design intervention, upskilling support for women weavers, market connects, raw material linkages, digital & financial literacy, and health education & camps over the next 12 months.

From haute couture to natural weaves, from gold & diamond jewellery to silver and creative jewellery, from hi-luxury goods to artisanal products, it is a must-visit premier event.

We have designed FLO StyleTatva as Hyderabad’s largest networking platform for pan-India MSMEs, especially women-led enterprises, to showcase their products and services to a vast and diverse audience set” said Priya Gazdar, Chairperson of FLO Hyderabad Chapter.

Part of the proceeds from FLO StyleTatva are earmarked for social impact projects such as the Centre of Excellence for training 100 women farmers in modern vegetable farming, upskilling women weavers in the Siddipet cluster, digital and financial literacy, and women and girls’ health at the grassroots level,” said Priya Gazdar, Chairperson of FLO Hyderabad Chapter.

“The 4th edition of FLO StyleTatva will have exclusively designated pavilions. Curation is its USP (Unique Selling Proposition)” said globally acclaimed Fashion Designer, Namrata Joshipura, who was the chief guest at the press conference.

Rekha Lahoti, Mentor, FLO StyleTatva, and Past Chairperson, FLO Hyderabad informed, “The highlights of this edition include a pavilion for the weaver and artisan clusters FLO Hyderabad has worked with in the past 5 years, an Udyam registration Desk for the convenience of the vendors and visitors in keeping with this year’s thrust at FLO, and the introduction of typical Telangana Cuisine as part of our Food Court, as a nod to our cultural heritage.”

Sudha Moola, Co-convenor of FLO StyleTatva said “75% of exhibitors are first-timers, introducing fresh talent, and innovative products”.

Union Minister of Steel and Minister of State for Steel visit NMDC

Hyderabad, July 12, 2024: Shri H.D. Kumaraswamy, Honourable Union Minister of Steel and Heavy Industries visited NMDC Head Office in Hyderabad on Thursday along with Shri Bhupathiraju Srinivasa Varma, Honourable Minister of State for Steel and Heavy Industries.

Hon'ble Steel Minister visits NMDC

The Honourable Ministers held a meeting with Shri Amitava Mukherjee, CMD (Additional Charge); Functional Directors and senior officers of the company to review the performance, future roadmap, social initiatives, and challenges faced by NMDC and NSL.

The review meeting included discussions on projects in the pipeline that can set a course for a future driven by excellence, innovation, and sustainability. Appreciating the legacy of NMDC, the Honourable Union Minister of Steel expressed his confidence in the company’s journey to become a Maharatna. Shri H.D. Kumaraswamy encouraged NMDC officers to commit to their goal of 100 million tonnes by 2030, as a tribute to the Honourable Prime Minister’s vision of Viksit Bharat.

Addressing the NMDC employees, Shri Bhupathiraju Srinivasa Varma, Honourable Minister of State for Steel said, the Ministry of Steel is fueling the efforts of Steel PSEs to enhance production and profit. Envisioning a robust industrial ecosystem, he said, NMDC will play a defining role in uplifting the smaller units of the iron and steel industry while meeting the demands from the key players of the sector.

The CMD of India’s largest iron ore producer, Shri Amitava Mukherjee said, “We are honoured to host the Union Minister of Steel and the Minister of State for Steel. NMDC remains steadfast in its commitment to emerge as a global environmentally friendly mining company with a positive thrust on social development. We are foraying towards a future where Indian Mining is synonymous with progress, innovation, and responsibility.”

Cyient announces set-up of a subsidiary for Semiconductor business

Hyderabad, India, July 12, 2024: Cyient Ltd, a global Intelligent Engineering company delivering solutions for a digital, autonomous, and sustainable future,  announced the strategic expansion of its Semiconductor business with the establishment of a fully owned subsidiary. This decision marks a significant leap forward in Cyient’s commitment to innovation and excellence across the global semiconductor landscape.

Mr. Krishna Bodanapu, Executive Vice Chairman & Managing Director of Cyient Limited, said, “We are excited to announce this strategic initiative that enhances our capabilities in Application Specific Integrated Circuit (ASIC) turnkey design and manufacturing. As the global semiconductor market is expected to hit a trillion dollars by 2030 and the Indian Electronics and Semiconductor Association (IESA) forecasting the industry’s growth to USD 100 billion by 2030, we are well-positioned to capitalize on the vast opportunities for growth and influence in this evolving market.”

“Cyient’s credentials in the semiconductor electronics sector through Cyient DET and Cyient DLM have enabled us to set-up this subsidiary to drive a dedicated focus on turnkey ASIC design and chip sales through a fabless model for analog mixed-signal chips. This subsidiary ushers a new avenue of possibilities for Cyient to enhance value to our stakeholders and we are grateful for their continued support in this journey,” he added.

Cyient’s portfolio of over 600+ IPs covering a range of functions and technology nodes, long-standing engagements with key customers, and global capabilities give the Company the strategic edge to achieve significant growth. The subsidiary will strengthen the position in the industry by delivering world-class specialized turnkey ASIC design and chips sales under focused and capable leadership, adapting to market cycles, and more effectively addressing this industry’s technology and capital requirements.

Empowering Industry Managers: Sustainable Practices Summit at FTCC

Hyderabad, July 11, 2024: The Federation of Telangana Chambers of Commerce and Industry (FTCCI)’s Environment Committee organized a program on Environmental Stewardship for Industry Managers today at FTCCI Surana Auditorium, Federation House in Red Hills. This program was supported by JETL-Jeedimetla Effluent Treatment Limited, India’s first Combined Waste Water Treatment Plant.

SEEN THE ATTENDEES AT THE PROGRAM

As we gather here, we are reminded of the growing responsibility that lies with industries in promoting environmental stewardship. The rapid pace of industrialization and economic growth has brought with it significant environmental challenges. Today, more than ever, we need to balance our industrial activities with sustainable practices to ensure a healthy and thriving planet for future generations.

Let us remember that environmental stewardship is not just a regulatory requirement or a corporate responsibility, but a moral obligation. As industry managers, you have the power to make significant contributions towards a sustainable future.

It is essential to integrate climate change awareness from the boardroom to the classroom, ensuring that everyone from top executives to young students understands its importance.

The Environment Committee Chair G. Bala Subramanyam said Environment now is a one of the most sought of professions. The money put into Sustainability is not an expenditure, it is a reward and recognition.

The program covered subjects like Sustainability, Green Chemistry, Greenbelt & Ecosystem Services, Water Neutrality, Sustainable Procurement, E-Waste and Water Pinch Analysis

Mr. Metlapalli Srinivasu, Vice President- Corp. EHS & ESG, Suven Pharmaceuticals Limited made a presentation on Green Chemistry – Opportunities, Challenges and Way Forward.

Now the Green Chemistry is the buzz word across the pharmaceutical industry. It aims to design and produce cost-competitive chemical products and processes that attain the highest level of the pollution-prevention hierarchy by reducing pollution at its source. Green Chemicals are those that are less hazardous to human health and the environment are less toxic to organisations.

Mr Kandarp Kishor Shivpuri, Counsellor; Head Water PINCH, CII – Water Institute talked on Water Pinch Analysis; Ms Shaily Maloo, Co-founder & ESG- Climate Change Lead, EiSqr Solutions Private Limited spoke on Sustainable Procurement- Policy to Practice; Dr Kameswara Rao Kotamraju, Former Professor and Head of the Department of, Environmental Sciences, Andhra University, Visakhapatnam made a presentation on Industrial Green Belts: Enhancing Ecosystem; Mr Purushotham Rao K, Refinery Manager, Re Sustainability Reldan Refining Private Limited spoke on E-Waste Management- Impacts, Compliance, Requirements and Good Practices; and Mr Sivananda, Associate Counsellor, Confederation of Indian Industry will delve on Water Neutrality–Policy to Planning

In today’s rapidly changing world, industries must lead the charge of environmental stewardship. This program empowered industry managers with the knowledge and tools to integrate sustainable practices into their operations, ensuring a positive impact on the environment while maintaining business excellence.

South India’s Data Centre Capacity Set for 65% Growth by 2030

Bengaluru, India, 11th July 2024:  South India’s data centre market is on an impressive growth trajectory, with major cities like Chennai, Bangalore, and Hyderabad at the forefront. This surge is supported by substantial government incentives, strategic infrastructure investments, and a rising demand for digital services. The region is poised to play a crucial role in the global data centre landscape, with capacity projected to grow 65% by 2030.

Significant Capacity Expansion

As of now, the combined installed data centre capacity in Chennai, Bangalore, and Hyderabad stands at approximately 200 MW. This foundation is set to be significantly bolstered, with 190 MW currently under construction and an additional 170 MW planned. These developments are expected to increase the total capacity by 80% over the next few years, underscoring the region’s strategic importance in supporting global digital infrastructure.

City-wise Data Centre Dynamics

Chennai is a prime data centre hub due to its strategic coastal location, offering excellent submarine cable connectivity. The city has an installed capacity of 87 MW, with 156 MW under construction and 104 MW planned. The favourable climate and robust power infrastructure make Chennai an attractive destination for data centre investments.

Bangalore, known as the Silicon Valley of India, leverages its strong IT ecosystem. The city currently has an installed capacity of 79 MW, with 10 MW under construction and 26 MW in the planning stages. Bangalore’s technological prowess and availability of skilled workforce are key drivers for its growing data centre market.

Hyderabad is rapidly emerging as a data centre hotspot, thanks to proactive government policies and excellent connectivity. The city has an installed capacity of 47 MW, with 20 MW under construction and 38 MW planned. Hyderabad’s competitive real estate market and robust infrastructure are significant advantages.

Data Centre Market Data – Capacity

Location Installed Under Construction Under Planning
Mn sqft MW Mn sqft MW Mn sqft MW
Chennai 1.7 87 2.3 156 1.6 104
Bangalore 2 79 0.1 10 0.3 26
Hyderabad 1 47 0.3 20 0.5 38
South India 4.7 213 2.7 186 2.4 168

Source: Colliers

Government Incentives and Policy Support

State governments in Tamil Nadu, Karnataka, and Telangana have been instrumental in fostering data centre growth through a range of incentives:

Subsidies and Tax Benefits: Substantial subsidies on land acquisition, reduced power tariffs, and significant tax breaks are provided to make South India an attractive destination for data centre investments.

Infrastructure Development: Investment in power and telecommunications infrastructure ensures high-speed, reliable connectivity, a critical component for data centre operations.

Ease of Doing Business: Simplified regulatory frameworks and expedited approval processes reduce bureaucratic hurdles, encouraging swift project initiation and completion.

Dedicated data centre policies introduced by various states provide a clear, structured framework for investors, enhancing the region’s appeal.

Diverse Occupier Landscape

The occupier landscape in Chennai, Bangalore, and Hyderabad is diverse and dynamic. According to recent data, BFSI dominate the market, accounting for nearly 35% of total occupancy. IT firms follow with 30%, while Hyperscalers occupy 20% and other sectors constitute the remaining 15%.

Occupiers are increasingly seeking additional services to optimize their operations, which include:

Managed Services: Comprehensive IT management solutions that enable businesses to focus on core activities.

Security Solutions: Advanced security measures such as encryption, threat detection, and incident response services.

Disaster Recovery: Robust disaster recovery solutions ensuring business continuity in the face of unforeseen events.

Edge Computing: Proximity to end-users to reduce latency and improve service delivery, essential for IoT and real-time data processing.

Competitive Pricing and Service Offerings

The monthly recurring charges for data centres in South India are competitive, ranging between 6,650 – 8,500 INR/kW/Month according to the usage, offering significant value for money given the advanced infrastructure and extensive range of services provided. This competitive landscape ensures continuous upgrades and enhancements by service providers, meeting the evolving needs of occupiers.

Outlook

The outlook for South India’s data centre market in Chennai, Bangalore, and Hyderabad is exceedingly positive. The combination of strategic location, robust government support, and technological advancements positions these cities as pivotal players in the global data centre industry.

Demand for data centres is expected to rise continually, driven by increasing cloud service adoption, digital transformation initiatives by enterprises, and the advent of new technologies such as 5G and IoT.

South India’s data centre market, particularly in Chennai, Bangalore, and Hyderabad, is set for substantial growth, underpinned by significant investments, strategic government incentives, and a diverse occupier base. The competitive pricing, advanced infrastructure, and additional service offerings make these cities attractive destinations for data centre investments. As South India continues to develop its digital infrastructure, it is poised to play a pivotal role in the global data centre market, offering immense opportunities for investors and occupiers alike.

The anticipated 80% increase in data centre capacity by 2030 across Chennai, Bangalore, and Hyderabad highlights the region’s growing strategic importance in the digital infrastructure ecosystem, with sustained government support and continuous infrastructure development, South India is set to become a global data centre hub.”, says Swapnil AnilExecutive Director & Head of Advisory Services, India

Chennai Data Centre Ecosystem

Of the South Indian State, Tamil Nadu State witnessed a positive growth and revive & contribute heavily to India’s GDP. It’s evident that the Southern metropolis always has been a ‘favourable’ investment destination and has a significant proportion of investment proposals of INR 50,000+ crores.

Comparing the industrial ecosystem, Tamil Nadu, always been leading in automobile, wind energy, and electronics hardware manufacturing sector. However, in the recent years, due to the stable system of governance and its related policies, Tamil Nadu, especially the Chennai region has emerged as a data centre capital of India.

The government is also proactive in providing 24/7 power facilities, followed by land, connectivity infrastructure for DCs, fiscal & non-fiscal incentives, and promoting renewable energy use for everyday management. This has created a supportive technology bubble and also acts as a catalyst for industries to set up data centres.

It has to be noted that Tamil Nadu was the 1st state to come up with ethical AI, blockchain, and cyber security policies in the country. And Chennai is already geared up to provide a ready, built and well-established supply chain for data centres to integrate scale within the region.

Chennai is a prime data centre hub due to its strategic coastal location, offering excellent submarine cable connectivity. The favourable climate and robust power infrastructure make Chennai an attractive destination for data centre investments. Chennai is also a popular option for DC colocation firms since it provides an abundance of experienced IT & Non-IT talent, along with strong manufacturing bases and lower setup costs. As a whole, the city is an excellent location for data centers because of its attractive cost structure and ample land supply.

Chennai data centre market exemplifies the city’s commitment to technological advancement and innovation. With its strategic coastal location, robust government initiatives with respect to the Industrial Policies and sector specific Policy for Data Center including the Cyber Security, followed by the support infrastructure facilities and availability of developable land parcels at low cost, Chennai will continue to drive and lead the digital economy forward.”, said Umakanth Y, Senior Director, Advisory Services, Colliers India.

CP Cyberabad Avinash Mohanty unveils the Race Date, Theme and Commencement of Registrations for Grace Cancer Run 2024

Early detection is the only way forward to tackle Cancer: Commissioner of Police, Cyberabad

Cyberabad, 11th July 2024 – The much-anticipated Quambiant Global Grace Cancer Run 2024 by the Grace Cancer Foundation is set to take place, bringing together thousands of participants to raise awareness and funds for cancer research and screening.

It is the World’s largest Cancer awareness run being organized in partnership with HYSEA, SCSC (Society for Cyberabad Security Council), and many other organizations. Avinash Mohanty, the Commissioner of Police unveiled the Race Date, Theme, and Commencement of Registrations at a function held on Wednesday evening at Cyberabad Police Commissionerate at Gachibowli.

The run is to be held on 6th October, with more than 1 lakh participants from across 130 countries through Physical and Virtual Modes expected to participate.

This year’s theme, “Run for Grace Screen for Life,” highlights the importance of early detection and preventive measures in the fight against cancer.

Speaking on the occasion the Chief Guest Shri Avinash Mohanty said, “I am honoured to support the Grace Cancer Run 2024. Together, we can make a difference and save lives through awareness and early detection.”

Speaking further he said there is hardly any family without getting suffered from Cancer. It is so prevalent now. It not only affects families medically and psychologically but also ruins them financially. Early detection is the best way to contain it. Grace Cancer is reaching out to those people who don’t have access to early detection. Which is very commendable. It is a great service to humanity, he added

We are honoured to have the Chief Guest, Shri. Avinash Mohanty IPS, Commissioner of Police, Cyberabad. His presence underscores the significance of community involvement and support in our collective battle against cancer, said Dr. Chinnababu Sunkavalli, Senior Consultant Robotic Surgical Oncologist and the Founder of GRACE (Global Research and Cancer Education) Cancer Foundation.

Avinash Mohanty, D. Joel Davis seen unveiling the poster of the Grace Cancer Run 2024. Also seen are Dr Chinnababu Sunkavalli, Ramesh Kaza, Prashant Nandella and others-4

The Race Categories are 2k Walk, 5k Fun Run & 10k (timed run). It will be held at Gachibowli Stadium, Hyderabad. For registrations, please visit the website – www.gracecancerrun.com and register online.

Speaking more, Dr Chinnababu said, the Grace Cancer Run is more than just a race; it is a movement dedicated to saving lives through awareness, education, and early detection. By participating, you contribute to vital cancer screening programs and research initiatives.

We want to see a world where there is no cancer. There are four health problems responsible for nearly 80% of deaths in India. And they are Cancer, Heart, Lung and Diabetes, he said. With the funds generated from the Run, we have screened 40,000 poor, rural populations. This year we aim to screen one lakh people free of cost. As a Cancer surgeon, I know the pain. I work full time on this cause and work as a doctor, part-time for my living, he said.

I have seen two problems in fighting cancer. One is poor awareness and the second is lack of access to early detection. We started the run with 5000 people about six years ago. Last year we touched one lakh people. This year we would like to cross, he said.

Ramesh Kaza, Secretary General of the SCSC, said his mother suffered from cancer and could not save her as she was diagnosed very late. People who go through the pain of their family member suffering from Cancer will only know their pain

Speaking further he said it is very strange to hear from a cancer specialist saying that he is on a mission to eliminate cancer, which in other words eliminates his job, but still, he doesn’t bother much. It is very nice of a doctor to say this.

Prashant Nandella, President of HYSEA (Hyderabad Software Enterprises Association) said diagnosis and detection are very important. That is only possible by creating awareness. Grace Foundation has saved many lives by cancer screening. HYSEA with so many IT employees can amplify their efforts to save more lives.

Krupakar Reddy, Race Director said that they were aiming to surpass the previous record number of participants. He also said each of the three categories of run has its own set of thrills and urged large numbers to participate and join in the same.