This is the second research piece in our Industrial & Logistics Occupier Series - “Data Centers (DCs) in India - 'Racking’ up Demand”. DCs are now a leading alternative real estate segment in India and are increasingly attracting the interest of leading global and domestic players. After releasing our first report on DCs in 2018 “Is India the Next Frontier for the Data Center Industry?”, we have now taken a relook at the demand drivers for this segment, the evolution of DCs in India and most importantly, the outlook for DCs in the midst of the state finalizing data localization policies.