The rapid development of mobile applications and digital economy creates a growing demand for IT infrastructure. Strong network and high quality decentralized data center infrastructure are critical to India's continued growth.
The Indian market has very high barriers to entry, as the government requires localization of data storage. Data center operators need to have a strong ability to integrate resources and to establish long-term partnerships with local governments.
Global digital leaders, especially leading cloud service providers, are penetrating into the Indian market. There is significant data center supply shortfall to fulfill the explosive demand.