Datacentre and Cloud Infrastructure Summit INDIA
Event submitted on Saturday, November 20th 2021, approved by Content Team ✓
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Conference Event Summary
The following description was either submitted by the Conference Organizer on Saturday, November 20th 2021, or created by us.
Following the grand success of our inaugural DCCI summit ASEAN, Tradepass is pleased to host its first edition of the Datacentre and Cloud Infrastructure Summit INDIA on 23 – 24 November 2021. The virtual summit will host over 1000+ industry experts and top officials from the leading organizations to network, collaborate and share crucial intelligence on the Data Centre & Cloud industry.
The data consumption generated by over half a billion digital users in India is at an ever-growing high, making way for INDIA to become a major ‘HUB’ for datacentre & cloud technology in ASIA. The digital economy in India is estimated to grow to a staggering $1 trillion with the country’s datacentre industry alone contributing $8 billion by 2025 (currently estimated at $2.5 – $3 billion). Reports also indicate that the Indian Datacentre industry is expected to double its capacity and cross the 1GW mark by 2023 as a result of the growth in digitalization, rapid cloud adoption and ambitious growth plans from operators. Witnessing this surge in demand, the leading investors and global datacentre players have accelerated their operations especially during the last six months by establishing joint ventures with operators in the Indian market.
The Indian Government with its data sovereignty laws mandate all domestic and international companies to store certain data types within the country’s geographical limits that will further drive the demand and fuel the growth of domestic datacentres across major metro cities such as Mumbai, Pune, Bengaluru, Chennai, Hyderabad and Delhi/NCR. Furthermore, India’s Ministry of Electronics & Information Technology has also drafted a policy where the government would provide ‘Infrastructure status’ to the Datacentre sector, just like Railways, Roadways, and Power.
Several names have emerged in key sectors like education, retail, e-commerce, healthcare, food delivery and insurance, along with other existing players from banking & finance, aviation, utility and many more who are rapidly switching to cloud based data storage to manage and analyze their massive data volumes. Not to forget, the telecom players with their 5G rollouts will only add to the exponential growth in data consumption.