New Delhi, April 6 -- India could emerge as a preferred data hub for the entire region, as the demand for data centres are unequivocally rising, according to a report by JM Financial.

The report added that both structural and cyclical trends are fueling the growth of data centre demand.

A large internet user base generating a trove of data, the government's data localisation push and artificial intelligence (AI) are some of the structural tailwinds.

As per the report, India has a disproportionally low share of DCs - it generates 20 per cent of global data but only 5.5 percent of global DC capacity - and slower-than-expected capacity addition in the past has exacerbated the demand-supply mismatch, ushering in a cyclical surge in DC capa...