Infrastructure market in India is growing at a faster pace driving by the demands from government projects. This opportunity could touch $7 billion by 2020 and attracting huge investment from domestic and global investors.
With the enterprise market growing faster in India, the growth of datacenter is obvious. It is a different matter whether the companies are investing in on premise or cloud solutions but it is for sure there is a growth in datacenter market. As per Internet and Mobile Association of India (IAMAI), India is pegged to be the second largest market in APAC by 2020 with $7 billion market size for datacenter infrastructure. As per them, currently the market is valued as $2.2 billion but by 2018, it is expected to touch $4.5 billion.
We are keen on expanding our business and building a strong partner base and channel network in remote cities across the country.
Director Sales & Support
This is part of the infrastructure business, which is quite buoyant at the moment and driven by the growth vision of the government of India. Big ticket projects like Digital India, Make in India, Smart Cities, etc. are the forefront creating the momentum. Besides this market phenomenon, there is a huge private sector opportunity who are presence in every vertical market including healthcare, retail, automotive, education, aviation, IT and Telecommunications, oil and gas, banking and finance and services industry. Obviously, it provides opportunity to all technology vendors, although the big gainers are the MNCs who come with their existing reputation, existing use cases, customers and huge investment. However, home grown vendors also gain market by their nature advantages of quickly adopting to the local requirement.
NetRack Enclosures has announced that it has achieved 30% growth in FY 2015-16. At the end of this financial year, NetRack has added more than 100 new customers from across different industry verticals including IT/ ITeS, BFSI, Government, Hospitality, Data Centers and Engineering Labs.
Ravi Raj, Brand Head, Director – Sales & Support, NetRack said, “We are now among the leaders in this industry and our continued growth represents the same. We have added more than 100 customers during the last financial year and have also made a strong pitch in the EMEA market. We are continuously expanding our reach to other markets as well.”
Over the years NetRack has maintained a continuous growth in its revenues, and now the company is expanding to global markets too. NetRack is making a strong pitch in Middle East, Europe and Africa regions and aims to give a tough competition to the existing players in each region.
Ravi added, “With rising industry demand for deployment of new data centers, servers and networking racks, NetRack has also been growing continuously, leveraging the upcoming new opportunities. Since its inception in 2001, NetRack has maintained a steady growth and we now have a base of 5000 plus clients. We added more than 100 customers during the last financial year and we are among the leaders in the industry. Our partners, clients and growth figures are testimony for it.”
NetRack is a company with its roots in India and its major source of revenue comes from India. However, now the company is expanding into global markets too. NetRack is making a strong pitch in Middle East, Europe and Africa regions and aims to give a tough competition to the existing players in each region. NetRack has added new customers across different industry verticals including IT/ ITeS, BFSI, Government, Hospitality, Data Centers and Engineering Labs. We will continue to focus on these areas.
Started in 2001, NetRack Enclosures Private Ltd is an ISO 9001, 14000 & 18000 certified company and only firm to obtain the UL certification for Quality & safety for most of its products.
NetRack is known for offering new technology and eco-friendly products. Ravi maintained, “Our team continuously innovates to align with customer requirements and changing market trends. The addition of over 100 new customers in a year indicates the confidence that customers have shown in NetRack’s services and solutions. The ability to address customer issues while maintaining the highest quality standards is one of our core strengths.”
NetRack is still generating its major chunk of revenues from India. With over 100 clients bagged last year, the company has achieved a revenue growth of 20%. As per Ravi, “We are keen on expanding our business and building a strong partner base and channel network in remote cities across the country. Since upcountry markets are also playing a big role in facilitating the growth, we will make sure we reach out to these markets by doing road shows and other marketing activities.”