Delhi developer to invest $2 billion on India data centre boom

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Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country.

The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said.

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Delhi developer to invest $2 billion on India data centre boom



Anant Raj Ltd. plans to spend Rs 180 billion ($2.1 billion) on data centres as it joins a growing list of Indian companies looking to ride the boom in demand for artificial intelligence and business process-led services in the country.

The Delhi-based developer with a market value of $2.3 billion will launch two more data centres or server farms in the northern Indian state of Haryana. This is in addition to the one already operational, as it aims for a capacity of little over 300 megawatts by 2032, Amit Sarin, managing director at Anant Raj said.

For…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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