from itertools import groupby
import pprint
 
pp=pprint.PrettyPrinter()
 
data = [{'location': 'eastus', 'sku': 'S', 'term': 'P1', 'scope': '1'},
         {'location': 'india', 'sku': 'a', 'term': 'P1', 'scope': '2'},
         {'location': 'eastus', 'sku': 'S', 'term': 'P3', 'scope': '3'},
         {'location': 'india', 'sku': 'f', 'term': 'P1', 'scope': '4'},
         {'location': 'japan', 'sku': 'a', 'term': 'P1', 'scope': '5'},
         {'location': 'india', 'sku': 'a', 'term': 'P3', 'scope': '6'}]
 
pp.pprint([(lambda k,g:k.update({"new_key":[(lambda i:i.pop("location") and i.pop("sku") and i)(item) for item in g]}) or k)(k,g) for k,g in groupby(sorted(data,key=lambda i:(i["location"],i["sku"])), lambda i:{"location":i["location"],"sku":i["sku"]})])
 

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