An increase in digitization of businesses coupled with rising demand for localization of data has catapulted the quantum of private equity investments in Indian data centres by more than 5 times.
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Sanchit Vir Gogia, chief executive of Greyhound Research, explained that data centre colocation in India, along with a balanced geopolitical standpoint, are further helping attract data centre investments in the country.
“Colocation data centre providers are co-existing with hyperscalers such as Microsoft and Amazon to offer data centre infrastructure for companies. Data centres in countries such as Japan and Singapore are also expensive; India makes for a reliable destination to host workloads for tasks such as testing and development,” he said.
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