Microsoft Corp unveiled its fourth data centre in India on Monday, betting on rising digital consumption in one of its fastest-growing markets.<\/p>\n
Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, although he declined to confirm reports by local media of a $2 billion price tag for the latest centre.<\/p>\n
“A public cloud data center is not a one time investment, it is a continuous investment that we have,” Maheshwari told Reuters. “In the last two years, we doubled the capacity in the existing three data centers.”<\/p>\n
The overall Indian public cloud services market is expected to reach $10.8 billion by 2025, according to research firm IDC.<\/p>\n
India’s government has been nudging foreign tech companies to store more of their data locally, a move seen as New Delhi’s attempt to gain stricter oversight of Big Tech firms.<\/p>\n
Maheshwari said Microsoft was continuing to grow its workforce in India from 18,000 currently “both through the pandemic and going forward.”<\/p>\n
“We already serve more than 340,000 companies in the country,” Maheshwari said.<\/p>\n
The new data centre is located in India’s southern state of Telangana.<\/p>\n
The company’s business model, which relies on partners building additional services on top of its cloud platform, Azure, generated business worth about $10 billion in the last five years, Maheshwari said.<\/p>\n
Competitors are joining the race in India. Key rival Amazon announced in late 2020 it would spend $2.8 billion to build its second data centre in the country, while Adani Group last year announced plans to build six data centre parks across the country.<\/p>\n
Source: Reuters<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Microsoft Corp unveiled its fourth data centre in India on Monday, betting on rising digital consumption in one of its fastest-growing markets. Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, although he declined to confirm reports by local media of a $2 billion price tag for the latest […]<\/p>\n","protected":false},"author":7,"featured_media":92367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-92366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india"],"yoast_head":"\n