Amidst massive technological disruptions that have accelerated digitalization and cloud adoption, the Indian Datacentre industry is expected to double its capacity and cross the 1GW mark by 2023. Currently valued anywhere between $2 billion and $3.5 billion, it might cross $8 billion by 2026. Owing to the heightened demand, the key stakeholders from the country and abroad have gone all out during the last six months by establishing joint ventures with operators in India.
The Indian Government with its data sovereignty laws mandate all domestic and international companies to store certain data types within the country’s geographical limits, this will further drive datacentre growth across major metro cities such as Mumbai, Pune, Bengaluru, Chennai, Hyderabad and Delhi/NCR. If that wasn’t enough, India’s Ministry of Electronics & Information Technology has drafted a policy where the government would provide ‘Infrastructure status’ to the Datacentre sector, just like Railways, Roadways, and Power.
The lifestyle sector (education, beauty, retail, healthcare, food delivery, etc.) has also witnessed a boom in cloud adoption to make the best use of their colossal data volumes. Lastly, the growth of IoT-linked devices, 5G rollout, rapid adoption of cloud technologies like SaaS, IaaS or PaaS by SMEs is paving India’s requirement for 25,000 edge data centers in the near future.
Following the grand success of our inaugural Datacentre and Cloud Infrastructure Summit: ASEAN (DCCI 2021), Tradepass is pleased to host the very first edition of Datacentre and Cloud Infrastructure Summit: INDIA on the 23rd and 24th of November 2021. The virtual summit will host over 1000 industry experts and top officials from the leading organizations to network, collaborate and share crucial intelligence on the Data Centre & Cloud industry.