| | March 20198ndia's economy remains one of the fastest growing in the world, with an annual GDP growth rate consistently more than five percent over the last two decades, according to a December 2018 report on the `Multi-Tenant Data Center Market,' by our sister company, 451 Research. The report goes on to say that since mid-2000s, India's data center industry has risen alongside its economy, with providers needing to bring more capacity online and develop further services to better accommodate the country's ever-rising IT needs. With almost three million live operational square feet today, the country is expected to be soon home to the 10th largest multi-tenant data center market in the world.The growth potential in India is high as future drivers for the data center market continues to be all about making sure that the ever-increasing digital needs in the emerging economy with India's large population base are met. Much of this demand is coming first from the larger metropolitan areas of India. Uptime Institute sees India as the second largest market for data center infrastructure and the second fastest growing market after China. Like many locations, the growth in India has occurred unevenly, taking place first in the more densely populated urban areas, which have the benefit of modernization and growth, while the lagging rural regions have fallen behind or have required more government-led public sector reform. According to 451 Research, India is the world's second most socioeconomically unequal country; the richest 10 percent of Indians have more than 80 percent of the country's wealth. By some accounts, despite India's internet user base being second only to China's, only about 30 percent of the country's population currently have access to the internet, with cyber cafes remaining the major place of access for most of the populace rather DATA CENTER INDUSTRY POSITIONED FOR GROWTH IN INDIALouni holds a Masters degree in fluid dynamics. He is responsible for all commercial & service delivery activities for Uptime Institute. Prior to Uptime Institute, Louni spent several years in the data center industry and has experience in multiple vendor technologies & solutions.Mustapha LouniBy Mustapha Louni, Managing Director - Middle East & Africa, Uptime InstituteIIN MY OPINION
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