Union budget proposed to enable private firms to build data center parks could help India become a major global data center, but only with a supportive policy and infrastructure framework. Currently, there is no large-scale foreign investment in data centers in the country. There is a policy or framework right now on how these global data centers hubs can be created in India. The union government has a clear cut policy around it, India could essentially become a data center hub for global enterprises. The global data center market is expected to grow by $284.44 billion during 2019-23, according to market researcher Technavio.The budget proposal follows the requirement for data localization for most companies under the Personal Data Protection (PDP) Bill 2019, expected to be made into law soon. The data localization is the only driving principle for the data center policy, as such parks can generate business worth billions of dollars each year.
Oracle Corp
Oracle Corp opened its first data center facility in Mumbai in 2019 and planned to add another in Hyderabad this year. The Adani group intends to invest ₹70,000 crores in setting up solar-powered data parks in Andhra Pradesh. Yotta Infrastructure is committed to launching three data center parks across Maharashtra and Tamil Nadu in the next five years.The global data centers and cloud infrastructure (India) NTT, recently said that his company is exploring the scope for edge nodes in India. Data centers are capital intensive businesses, so it still makes sense to operate from major cities where overhead costs are distributed across a larger facility. At the same time, smaller markets may not attract enough customer base. NTT Ltd recently announced $7 billion worth of investments across four key data center markets globally, one of which is India.
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