American, cloud-based data storage company, Snowflake, said it views India as a “land of opportunities” for data and AI and is looking to significantly increase its investments in the country to tap into its massive potential.
“Snowflake is doubling down on India as an investment destination. As a destination, where we are heavily invested to make sure that we serve the Indian market, we serve global customers from India, and we also invest in the country in terms of AI and skill sets out there,” said Vijayant Rai, India MD of Snowflake.
The company recently opened a new office in Mumbai and plans to expand its presence in Bengaluru by August, 2025. It also said it is aiming to grow its headcount to over 700 employees by the end of 2025.
“If you look at the world of data in India, we have a lot of headroom to expand, not only Snowflake, but most players in this space, there's a massive headroom to expand,” Rai added.
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Snowflake’s major customers in India include Piramal Finance, Godrej Capital, Bajaj General Insurance, Swiggy, and Urban Company.
Additionally, at least 50 per cent of its APJ partner ecosystem is rooted in India in firms like Deloitte, EY, LTIMindtree, TCS, AWS, and Microsoft.
The firm’s expansions are aimed at supporting teams across sales, operations, solutions engineering, marketing, and the Pune CoE, which the company describes as the only one of its kind in the Asia Pacific Japan (APJ) region.
Rai said Snowflake is eyeing expansion in financial services, SMEs, digital natives, manufacturing, and the public sector.
"The public sector is absolutely a big focus area for us. In India, this year, we put in actual investments in terms of resources in Delhi, to start our public sector business. So, we are shaping it up. We are absolutely committed to working with the public sector in the days and years to come," he said.
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