Data center operator Equinix expects India to be a significant contributor to overall growth

Charles J Meyers, the chief executive officer (CEO) of data center operator Equinix has said the company expects India to become the most significant contributor to its overall growth. Equinix recently reported a 10% global revenue increase in the second quarter.

Businesses globally rely upon Equinix for their critical digital infrastructure needs, including leveraging Equinix’s market-leading interconnected colocation portfolio through virtual, as a Service and edge solutions.

“An elevated growth rate in India is quite likely over the coming years as we expand into new markets and continue to invest in them,” Equinix CEO Charles J Meyers told Economic Times.

The company runs 49 major projects across 34 metros in 21 countries, including new data center builds in Dublin, Montréal, New York, Paris, Warsaw, and Chennai, India.

India investment

The data center company plans to invest $86 million to expand its presence in Mumbai.

“India is a fast-growing market for us and one we think will be a big contributor to our overall growth,” Meyers said.

Equinix is setting up an IT Centre of Excellence and will go on a hiring spree by the end of 2022.

“India has probably been the most significant priority for us. In terms of what our customers wanted us to expand, he said that we’ve been very patient about trying to find the right opportunity that fits in with our strategy and helped us accelerate the digital ecosystem,” he said.

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