New Delhi, June 29 -- India is emerging as a major global destination for data centres as key international markets face capacity constraints, according to a report by ICICI Securities.

The report said data centre markets in Europe, North America and parts of the Asia-Pacific region are facing "severe structural bottlenecks," making it difficult to meet the rising demand from artificial intelligence (AI) and hyperscale cloud providers.

It said India is currently among the least constrained markets for data centre development, while established global technology hubs are reaching their physical limits. The report added that India offers an environment suitable for rapid hyperscale data centre deployment.

The shift is already visible in ...