India’s IT and ITeS sector has been a cornerstone of the country’s economic growth, with the country now becoming a preferred destination for data centre investments due to its vast user base and rapid digital transformation. The Indian data centre market is expected to grow at a compound annual growth rate (CAGR) of 15.07% between 2022 and 2027, reaching a market size of USD 10.09 billion[1]. Factors driving this growth include increasing digital consumption, government initiatives like the Digital India program, and favourable policies for data localization and infrastructure development.
A renowned global cloud computing company engaged Primus Partners to facilitate its expansion in India with an investment of over INR 10,000 crore. The company plans to establish multiple data centres across various locations to meet the rising demand for cloud services. This move is aimed at enhancing the company's ability to offer scalable, reliable cloud infrastructure to businesses and organizations across India, ensuring robust digital infrastructure for a range of industries.
Our Approach
Primus Partners provided strategic and comprehensive support to facilitate the client’s investment, focusing on the following key areas:
- Preparation of Detailed Project Report (DPR): We prepared an in-depth project report analyzing location feasibility, infrastructure needs, and market potential. This report provided the foundation for the client’s expansion strategy across India.
- Incentive Application and Processing: Primus Partners ensured that the client applied for and received all applicable incentives, including tax exemptions, subsidies, and other benefits as per respective state policies.
- Incentive Approvals and Disbursements: We facilitated the timely approval of incentives such as stamp duty exemptions and ensured that disbursements were processed smoothly, reducing capital expenditure for the project.
- Land Registration and Utilities: Assistance in land acquisition, property documentation, and utility management to ensure smooth operationalization of the data centres.
The Benefits
- Boosting India's Digital Infrastructure: The investment will significantly enhance India's digital backbone, enabling more businesses to adopt cloud services
- Job Creation: The project will generate employment opportunities in construction, IT operations, and data management
- Attracting Foreign Investment: The expansion will position India as a prime destination for global tech investments
- Driving Innovation: Advanced cloud infrastructure will empower businesses and startups to innovate in technology and services
- Enhancing Digital Literacy: The growth in cloud services will drive demand for skilled professionals in areas such as cybersecurity, data science, and cloud engineering
