Short Takes

India Investment Journal September Edition, India-Japan
Japan’s NTT eyes India growth

Japan’s NTT Communications Corporation (NTT Com), an ICT solutions and international communications business within the NTT Group, has announced the launch of its international data network services in India through its affiliate NTT Communications India Network Services (NTTCINS).

The acquisition of this licence in India follows the initiation of construction of the company’s two new data centres in Mumbai and Bangalore, through Netmagic, a subsidiary of NTT Com and one of the leading managed hosting and cloud service providers in India.

NTT Com President and CEO Tetsuya Shoji said: “India has been a key strategic market for us with the accelerating shift of IT services from traditional enterprise data centres into the cloud-based services.

“For the past few years, our business in India has consistently grown over 35 per cent annually. With further expansion of data center foot print and addition of international data network services to our service portfolio, we aim to meet the growing market needs for Mobility, e-Commerce, Internet of Things (IoT), Cloud and Big Data.”