India's Cloud IaaS Market to Triple by 2030 — What It Means for SMEs

India's Cloud Boom: Biggest Opportunity for SMEs

India's Cloud IaaS market is forecast to grow from $23.91 billion in 2024 to $76.81 billion by 2030, at a CAGR of 21.29%. SMEs and startups are leading this charge, fuelled by pay-as-you-go pricing that eliminates large upfront capital expenditure.

Why Indian SMEs Are Moving to the Cloud

• Eliminate CapEx on server hardware — shift to predictable monthly OpEx
• Scale compute based on seasonal production or business needs
• Built-in redundancy replaces costly secondary data centres
• AWS, Azure, and GCP all carry SOC 2, ISO 27001 and India-specific compliance certifications

A Safe Approach to Cloud Migration

AstraCMITS recommends a lift-and-shift-first approach for Indian manufacturers and pharma companies: migrate existing workloads as-is to establish cloud foundations, then optimise over 6–12 months.