NTT combines three businesses and appoints new leader for new company in India
Published 1 December 2020
NTT has announced it will combine NTT India, NTT Com India and Netmagic to establish a single new operating company on January 1 2021.
The new entity will bring NTT’s technology services and solutions to an extended client base in India.
As part of the new NTT Ltd. India business, Sharad Sanghi will be appointed as its Leader.
With over 20 years of experience in developing Internet backbone infrastructure, Mr. Sanghi was previously the CEO of Global Data Centers and Cloud Infrastructure for Netmagic in India.
“The coming together of three NTT businesses in the Indian subcontinent is a strategic move in the right direction. This reinforces our commitment to helping our clients derive greater value, while delivering business outcomes with an integrated approach to hosted infrastructure, connectivity, security and managed support,” said Mr. Sanghi.
“I am confident that Sharad has the leadership track record and breadth of experience that are critical to lead and transform the business with a strong focus on clients, partners and people. I wish Sharad and the India team great success as we launch the next phase of growth in one of the most important markets worldwide for NTT,” said John Lombard, NTT Ltd.’s Asia Pacific Chief Executive Officer.
The new NTT Ltd. India business is set to enhance the organisation’s end-to-end ability to better serve its clients, with services including managed hybrid infrastructure and cloud services.
“Over the years, we have had the privilege of building multi-year technology partnerships with marquee clients in India With the deeper integration of our companies, reinforced with the capabilities of the largest data center and cloud infrastructure player in India, we will truly see the power of OneNTT,” said Kiran Bhagwanani, the CEO of GTM for APAC at NTT Ltd.
According to JLL, India’s data center market is expected to present a US$4.9 billion investment opportunity, following a tripling of data center capacity by 2025.