India is moving towards making a global data hub

#BillionaireLynch #Datacenter #globaldatahub
India- a global data hub



The growth prospects of India’s Data center industry have led to approx. The demand for data centers has increased with the advent of 5G, IoT and Data localisation laws and the potential to grow is phenomenal. To meet the rising demand, most cities in India will cross the 100 MW barrier with Mumbai potentially becoming a world leader and at the same time major clusters coming up in Noida and Chennai. The Covid pandemic has bolstered digital traffic and consumption, and it will only be going up from here on. There’s a huge demand for data centers and not much supply is available right now. There is a lot of scope for new data centres to come up. Big investments have already started flowing in and that is an indication of how the supply will shape up here to meet the burgeoning demand.



Data Centers are the backbone of a digital revolution. The Government of India’s proposed Draft Data Center Policy aims to make India a ‘Global Data Center’. Data centers in India are emerging as the most attractive growth opportunity for global institutional investors and leading developers. Now various state governments have also been providing incentives to industry players for setting up data center parks. So far, a total $11.4 billion investment has been planned and committed for data centers development in the country and global firms’ contribution out of this is more than 65%, showed data from Cushman & Wakefield. This clearly indicates the rising preference for India among global data centre majors and is attributed to the data localisation norms and the government’s proposed new data centre policy aimed at simplifying the rules. The new data centre policy is also expected to provide necessary clearances and infrastructure in a time bound manner.

Today's Headline in NewsHours
0:00 Intro
2:11 #BillionaireLynch to be extradited to US to f

#bitcoin  #UPPolice  #HPE  #hewlettpackard  #UKcourt  #Blockchain  #DigitalCurrency  #twitterindia  #dell  #UniversityofOxford  #IDC  #karnatakahighcourt  #Covidpandemic  #twitterindiamd  #ManishMaheshwari  #districtjudge  #datacenters  #headlinesinvarindia  #globaldatahub  #Indiaglobaldatahub  #IndiasDatacenterindustry  #DataCenterPolicy  #billionaireMikeLynch  #TwitterUSA  #Oxfordaward  #PrernaWadikar  #SocialImpactAward  #BTCprice  #cloudbusinesssurges  

Technology