Analysis of India's Data Center Market 2023-2028: Governmental Support Boosts Indian Data Center Sector Growth Through Tax Subsidies and Policy Revisions [Yahoo! Finance]
Sify Technologies Limited - American Depository Shares, each represented by one Equity Share (SIFY)
US:NASDAQ Investor Relations:
cloud.sify.com/investor-relations.html
Company Research
Source: Yahoo! Finance
The India Data Center Market, a crucial component of the country's tech growth, is witnessing a significant surge, positioning the subcontinent as a key player in the APAC region's data-driven economic landscape. With meticulous analysis, this research forecasts a leap from USD 6.12 billion in 2023 to USD 10.89 billion by 2028, indicating a Compound Annual Growth Rate (CAGR) of 12.22% over the forecast period. Expansion Driven by Digital Demand The swift shift to the cloud is a response to the burgeoning need for data management solutions capable of handling the voluminous data churned out by businesses. This surge is further catalyzed by the digital consumption behaviors trigged by enhanced e-commerce platforms facilitated through high-speed internet and an array of smart devices. Government Incentives Fueling the Sector The sector's growth is also fueled by substantial governmental support. With policy revisions favoring the development of data center infrastructure, the In
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News
- Sify Technologies Limited (NASDAQ:SIFY) Just Reported Earnings, And Analysts Cut Their Target Price [Yahoo! Finance]Yahoo! Finance
- Sify Technologies Limited (NASDAQ:SIFY) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- UPDATE: Sify reports Consolidated Financial Results for FY 2023-24GlobeNewswire
- Sify reports Consolidated Financial Results for FY 2023-24 [Yahoo! Finance]Yahoo! Finance
- Sify reports Consolidated Financial Results for FY 2023-24GlobeNewswire
SIFY
Analyst Actions
- 2/5/24 - TheStreet
SIFY
Sec Filings
- 4/22/24 - Form 6-K
- 4/16/24 - Form F-6EF
- 3/22/24 - Form 6-K
- SIFY's page on the SEC website