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