DCD: What are your thoughts on the Indian data centre market?Sumit Mukhija: The Indian economy is growing strongly and remains a bright spot in the global landscape. This growth is built on strong fundamentals driven by digitisation, connectivity, cash- and paper-less economy, and a start-up innovation ecosystem. High mobile penetration and rising tech adoption are further propelling our economic progress. There is a fundamental shift in the way end users perceive and consume data, and this has been a game-changing moment for stakeholders across the IT infrastructure ecosystem, yielding long term benefits. With an ever growing and always connected population, there is a surge in data being generated and as a result, industry reports have indicated India's digital data consumption is expected to grow nearly twice as fast compared to the rest of the world. This data needs to be stored, managed and disseminated to users ubiquitously through public and private clouds and is driving the strong demand for efficient, reliable and scalable data centres across the country.
DCD: Can you share with us an overview of your current and upcoming data centres in India?Sumit Mukhija: Over the past decade, we have created a mature data centre ecosystem and provided our customers the scalability and flexibility to grow whilst addressing the Indian market's unique infrastructure challenges. We are not just a leader but an innovator in the Indian data centre space. As the market leader in India with ~30% revenue market share, we manage the largest Pan-Indian data centre floor area and IT load, delivering more than 60 MW of IT load via our 14 carrier-neutral facilities with carrier-dense interconnections across eight key cities.
DCD: What has been the impact of the transaction with STT GDC investing into TCDC (now STT GDC India) for your customers in India?Sumit Mukhija: Since the completion of the transaction, we have focused on ensuring smooth continuity for our customers and employees into the broader STT GDC platform. Besides a name change, there has been no change and our customers enjoy the same high quality service. Overall, the customer feedback has been very positive. For customers, there is continuity of engagement as well as operations and they have been continuously engaged with us on their roadmaps and renewal projects. They are also appreciative of the additional benefits from the combined capabilities and platforms of two highly experienced sponsors in STT GDC and Tata Communications.
DCD: How does STT GDC India intend to differentiate itself from its competitors?Sumit Mukhija: In India, we are scaling faster than any other service provider in the market, serving close to 1000 customers including many Fortune 500 companies. We have an impeccable track record both in terms of our ability to execute as well as deliver large and complex customer deployments including operations. We are the only data centre service provider to have delivered multiple projects of more than 10 MW of IT power to our customers across multiple locations within a record period of six months. STT GDC India operates two of the country's largest data centre facilities in Pune and Chennai, and its BKC Mumbai facility as the country's only CEEDA Gold Certified data centre.
DCD: India is a complex yet dynamic market, what do you see as the key drivers and challenges for the business?Sumit Mukhija: India's macro environment is highly favourable and our teledensity is the highest in the world with data growth nearly twice the global average. Rapid adoption of smartphones, increasing access to high speed data services and digitisation in the content and media industries are leading to strong demands for web hosting in the consumer market. In the enterprise market, increasing transformation to digital and e-business are pushing enterprises to migrate from captive to third party data centre service providers. As a result of this, we are seeing an increase in data centre traffic and demand for our services.
DCD: Where do you see the DC/Cloud market in India in the next 5 years?Sumit Mukhija: Because of digitisation, the data centre business has been witnessing high growth and will continue to do so. Cloud computing is the most disruptive force in the digital age impacting IT strategy and expenditure, and adopting a cloud-first strategy has now become a business imperative. Rapidly growing cloud service providers will work closely with their trusted carrier-neutral data centre partners, to plan for their requirements including adjusting designs, up-sizing powered shells, and planning expansion of campuses.
DCD: Finally, in your opinion, what sets India apart from other markets in the region?Sumit Mukhija: Some of these points have been previously touched on, but to reiterate, with the rapid pace of digitisation, accelerated move towards 4G and with proliferation of E-Commerce there is an explosion of demand growth for IT Infrastructure within Indian enterprises, the government and foreign companies in India. This is leading to huge amount of data being generated, which results in a surge in demand for our data centre facilities in India to house them.