Apr 18, 2022 | Posted by MadalineDunn
Vultr has announced that it has launched a cloud data center location in Mumbai, making the city its 25th global location. According to the company, it will enable businesses in India to innovate quicker and at a reduced cost.
Commenting on the company’s expansion, Vinod Chacko, Business Development Director, Vultr, said: “Mumbai is the financial capital of India, the leading data centre hub in the country, and the preferred destination for cloud players. Mumbai’s excellent infrastructure support makes it a great strategic fit for us in expanding our global footprint.”
He added: “We are glad to be investing in the economy here and providing world-class, affordably-priced cloud computing to the local market."
The cloud infrastructure market in India is rapidly growing. Looking ahead, as governmental efforts push forward “digital India," the market is set to expand at a compound annual growth rate (CAGR) of 29% between 2021-2025 and is predicted to reach INR 1,169.23 billion by 2025.
