MUMBAI : With over 90% employees across tech companies working from home amid the covid-19 outbreak, the massive power outage in India’s financial capital caused by a grid failure on Monday is likely to impact businesses across the information technology, banking and financial services and fintech sectors.
Mumbai, which is home to major tech companies like Tata Consultancy Services, Tech Mahindra, Accenture, Capgemini, also has the largest concentration of data centre facilities — about 40% — in the country.
Between Mumbai and Navi Mumbai region, a majority of top data centre businesses are located which host services for companies across the country.