*Equinix India MD Sees Correction in Data Centre Pricing Amid Market Maturity* Equinix India Managing Director Manoj Paul has signaled an imminent correction in data centre pricing in the country, as the sector begins to mature and supply catches up with the previously surging demand. Speaking at an industry event, Paul noted that while India’s data centre market continues to grow rapidly, competitive dynamics and infrastructure expansion are expected to normalize prices in the medium term. Over the past few years, India has seen an unprecedented boom in data centre investments, driven by increasing cloud adoption, digital transformation, and regulatory data localisation requirements. However, Paul said that the initial phase of premium pricing—due to constrained supply and high demand—is unlikely to sustain as more players enter the fray and new capacity comes online across metros like Mumbai, Chennai, and Hyderabad. “We are already witnessing a shift,” Paul remarked. “With multiple hyperscalers, enterprise clients, and global firms entering the Indian market, the pricing landscape will stabilize, offering better value for end-users and service providers.” Equinix, a global interconnection and data centre giant, has been actively expanding its India operations since entering the market in 2021. The company is focusing on building energy-efficient infrastructure, enabling carrier-neutral connectivity, and fostering cloud-neutral ecosystems to cater to a wide range of clients—from fintech and e-commerce to telecom and media. Paul added that long-term growth fundamentals remain intact, with increasing demand from AI workloads, 5G infrastructure, and government-backed digital initiatives. He also emphasized the need for sustainable and scalable power solutions, as power availability and cost remain critical factors influencing data centre viability. As pricing begins to correct, industry watchers believe that service differentiation, uptime guarantees, and ecosystem integration will become more important than pure pricing competition. The market, Paul concluded, is “moving from land grab to long-term value creation.”