India growth outperforms peer markets for data centre operator Equinix

  • Equinix sees higher growth in India.
  • The company announced $86 million in funds to expand operations in Mumbai.
  • Equinix will focus more on organic growth.

Data centre operator Equinix confirmed that its growth in India is significantly higher than the global average.

“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,” Charles J Meyers, chief executive officer, of Equinix told

“India is a fast-growing market for us and one we think will be a big contributor to our overall growth,” Meyers, who is in India for the first time since it launched operations here through the acquisition of GPX Data centres in 2021, said.

The company recently announced a $86 million investment to expand its presence in Mumbai by building its third data centre in the city. It is also constructing a new facility in Chennai, for which it purchased 5.5 acres earlier this year. Meyers stated that the company’s focus will be on organic growth, but he did not rule out the possibility of acquisitions to accelerate growth and expand its presence in the country.

Equinix is establishing an IT Centre of Excellence in addition to investing in capacity expansion. Meyers stated that the company would hire 500 people for the Centre by the end of the year.

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

According to Meyers, much of the future growth will be driven by existing customers in other geographies expanding their operations to India and partnering with Equinix.

Equinix operates over 240 data centers in 31 countries around the world, giving it one of the most extensive data centre footprints of any global operator. 51 of them are in the Asia Pacific region.

After the sharp increase in demand during the Covid-19 pandemic brought on by an increase in digital transformation projects, Meyers said remained high, with sectors like financial services, manufacturing and retail growing well globally.


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