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NTT Data to Hire 5,000 in India This Year
27 Feb
Summary
- NTT Data plans to add 5,000 employees in India this year.
- The company is investing $1.5 billion in four new data centers.
- India's data center capacity is significantly less than its data volume.
Japanese technology firm NTT Data announced plans to significantly increase its Indian workforce, with an addition of 5,000 employees expected this year. These new hires will primarily fill roles in software programming, consulting, and IT support.
The company is undertaking a substantial investment of $1.5 billion to establish four new data centers within India. This initiative reflects a broader trend where global and local corporations are increasingly looking to enhance their data center infrastructure in Asia's third-largest economy.
India currently holds 20% of the world's data but possesses less than 6% of global data center capacity, presenting an attractive investment opportunity. Foreign companies utilizing local data centers are also benefiting from a government-granted tax holiday, further stimulating sector growth.
