India to become preferred data hub as demand for data centres soars: JM Financial

Share via:


India could emerge as a preferred data hub for the entire region, as the demand for data centres are unequivocally rising, according to a report by JM Financial.

The report added that both structural and cyclical trends are fueling the growth of data centre demand.

A large internet user base generating a trove of data, the government’s data localisation push and artificial intelligence (AI) are some of the structural tailwinds.

As per the report, India has a disproportionally low share of DCs – it generates 20% of global data but only 5.5% of global DC…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

India to become preferred data hub as demand for data centres soars: JM Financial


India could emerge as a preferred data hub for the entire region, as the demand for data centres are unequivocally rising, according to a report by JM Financial.

The report added that both structural and cyclical trends are fueling the growth of data centre demand.

A large internet user base generating a trove of data, the government’s data localisation push and artificial intelligence (AI) are some of the structural tailwinds.

As per the report, India has a disproportionally low share of DCs – it generates 20% of global data but only 5.5% of global DC…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Delhivery Founder Sahil Barua Joins Nestasia’s Board

SUMMARY With this appointment, Nestasia aims at enhancing its...

China’s Xi visits Shanghai, urges advances in AI development

China's president Xi Jinping visited Shanghai on Tuesday...

Amid Rising UPI Outages, FM Calls For Plugging Infra...

SUMMARY FM Sitharaman directed all stakeholders to work collaboratively...

Popular

Upcoming Events

Betting big on sustainability: Sansaar’s bold strategy to reach...

Launched in 2024 under the D’Decor umbrella, a...

Urban Company founders sell Rs 780 crore worth of...

Urban Company’s founders — Abhiraj Singh Bhal, Raghav...

Electronics parts PLI draws in Dixon, Tatas, Foxconn and...

Several companies including Dixon, Tata Electronics, Zetwerk and...
GdfFD GFD GFD GFD GFD GFD GFD