New Delhi, March 29 -- India can emerge as a preferred data centre hub due to host of enabling factors, including improving cross-border connectivity (more and more sub-sea cable landings being laid), lower capital and operating cost (including for utilities and manpower), said JM Financial in a report.

The financial advisory firm also asserted that India's strategic location between the Middle East and Southeast Asia gives the country an edge in this domain.

Data centre demand in India is, unequivocally, rising, said the report published by JM Financial this week.

"Factors fuelling the uptrend are both structural and cyclical. A large internet user base generating trove of data, the government's data localisation push and AI are some ...