New Delhi, March 7 (Reuters) – Microsoft Corp. (MSFT.O) launched its fourth data center in India on Monday, bet on increasing digital consumption in one of the fastest growing markets.
Microsoft India Head Anant Maheshwari said the company made a long-term investment in this country, although he refused to confirm reports with local media from the price of $ 2 billion in the latest center.
“The Public Cloud Data Center is not a one-time investment, it is a sustainable investment that we have,” Maheshwari told Reuters. “In the past two years, we doubled the capacity in the three data centers.”
The Indian public cloud service market as a whole is expected to reach $ 10.8 billion in 2025, according to the IDC research company.
The Indian government has encouraged foreign technology companies to store more data they locally, steps that are seen as New Delhi’s efforts to obtain tighter supervision of large technology companies.
Maheshwari said Microsoft continued to grow its work in India from 18,000 at this time “either through a pandemic and ahead.”
“We have served more than 340,000 companies in this country,” Maheshwari said.
The new data center is located in the South Telangana state of India.
The company’s business model, which depends on partners build additional services on the cloud platform, Azure, the business produced is worth around $ 10 billion in the last five years, Maheshwari said.
Competitors join races in India. The Amazon key rival announced that at the end of 2020 will spend $ 2.8 billion to build a second data center in the country, while the Adani Group last year announced plans to build six data center parks throughout the country.
