DE-CIX enters Indian market with Mumbai IX launch
DE-CIX has created a joint venture (JV) to serve the Indian market with its 12th internet exchange globally. It will offer data and carrier centre neutral premium interconnection services to all local and global small, mid-size and large market actors.
The partnership is based on a JV with Interwire, a local technology group that operates the Mumbai Internet Exchange (Mumbai IX). The newly founded DE-CIX Interwire India plc will operate under the “Mumbai IX powered by DE-CIX” brand.
Speaking about the new joint venture, Ivo Ivanov, chief strategic officer at DE-CIX, said: “With our entry into the second largest Internet market worldwide, we see major business and growth opportunities. Our own market analysis and expert’s opinions see India and especially Mumbai as the digital place-to-be when it comes to data transit and traffic. With close to 23 million inhabitants, major sea cable connections, a leading harbour and excellent airport facilities, the metro market of Mumbai is offering us a once in a lifetime chance to establish our business in this region.”
DE-CIX CEO Harald A. Summa is pleased with the joint venture and added: “We carefully analysed the Indian market for partners who have the same spirit and growth ambitions as DE-CIX has. In Interwire, we are sure that we have found the right company – an internet exchange, which is also able to pursue our carrier and data centre-neutral strategy. We are aiming to nearly double the number of connected ASNs by the end of the year, reaching at least 130. Mumbai IX powered by DE-CIX will bring markets and networks together."
“The Mumbai IX is made in India for India in close collaboration and under supervision of the DE-CIX headquarters in Frankfurt, Germany. Mumbai IX powered by DE-CIX - as one unit are aiming for both market and technology leadership with a data centre and carrier neutral and distributed approach, building and boosting the Indian digital infrastructure,” said Nikhil Rathi, director of Interwire Internet Services.
With the Mumbai IX powered by DE-CIX, the company aims to replicate its success of the DE-CIX home base in Frankfurt – the world’s leading IX. All major DE-CIX customers will have easy access to the Indian market through Mumbai IX powered by DE-CIX, which will build the foundation of the digital infrastructure in Mumbai and India with its premium interconnection services.