Apanindori

Here are few new paid hosting services and initiatives launched in India:

1. RBI’s Indigenous Cloud Initiative: The Reserve Bank of India is set to pilot a local cloud platform tailored for financial firms. This initiative aims to provide affordable, localized cloud data storage, challenging global providers like AWS and Google Cloud.
2. Emergence of Niche Hosting Providers: New Indian hosting companies are entering the market, offering specialized services for sectors like e-commerce, education, and healthcare. These providers focus on compliance with local data regulations and offer features like AI-driven security and regional language support.
3. Enhanced Services from Established Hosts: Existing providers such as Hostinger India, Bluehost India, and A2 Hosting have upgraded their offerings. They now provide faster NVMe SSD storage, integrated CDN services, and improved customer support to meet the growing demands of Indian businesses.

These developments reflect a significant shift towards localized, secure, and performance-optimized hosting solutions in India.

Forum Members: Have you tried any of these new services? Share your experiences and insights!

RBI’s Indigenous Cloud Initiative – Key Highlights

The Reserve Bank of India (RBI) is developing its own cloud infrastructure, known as the "RBIH Cloud", to support the Indian financial sector. This homegrown cloud will host critical banking applications, reduce dependence on global cloud providers, and enhance data sovereignty, security, and resilience.

• Purpose: Empower banks, fintechs, and financial institutions with a secure, cost-efficient, scalable cloud.
• Security Focus: Enhanced protection against cyber threats, with data stored within India.
• Strategic Control: Reduces reliance on foreign cloud giants and aligns with the Digital India and Atmanirbhar Bharat missions.
• Impact on Hosting: Could shift demand toward India-based data centers, boosting local hosting ecosystems.

A game-changer for regtech, hosting providers, and data compliance frameworks in the BFSI sector.