In the competitive business world of today, most companies need a proper web hosting service that is offered at a very reasonable and affordable price. Since shared hosting provides less control and space, it is less preferred. Need is of dedicated server hosting. But its cost is a matter of worry. Big businesses can still afford it, but small and medium-sized business will have to think twice before opting for it. Here, VPS hosting comes into picture. It has got all one needs - better control, increase space, flexibility, increased speed, and that too at a very cheap price. There are lot of web hosting providers that offer VPS hosting service. Choice of the company is yours, on the basis of the suitability to your business requirements.
You missed the point that VPS need to be managed and it does require a set of skill to managed it compare to shared hosting.
Still it is preferable. Managing it is the part that can be left at the hosting provider. For that only there is web hosting India.
1. It helps to manage your server from anywhere 2. Install the application whenever you want Source : VPS web hosting