Sify plans $5 billion capex by 2030 for data centre growth: CMD Raju Vegesna

Share via:


Sify Technologies is planning to invest $5 billion by 2030 to expand its data centres and network infrastructure in India, Chairman and Managing Director Raju Vegesna told CNBC-TV18 in an exclusive interview.

“We’re looking at investing around $5 billion by 2030 to build data centres and networks,” he said, adding that the expansion will be demand-driven and rolled out in phases.

The investment marks a significant step in Sify’s India journey. After building three successful ventures in the US—including ServerWorks, which was sold to Broadcom…



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.

Popular

More Like this

Sify plans $5 billion capex by 2030 for data centre growth: CMD Raju Vegesna


Sify Technologies is planning to invest $5 billion by 2030 to expand its data centres and network infrastructure in India, Chairman and Managing Director Raju Vegesna told CNBC-TV18 in an exclusive interview.

“We’re looking at investing around $5 billion by 2030 to build data centres and networks,” he said, adding that the expansion will be demand-driven and rolled out in phases.

The investment marks a significant step in Sify’s India journey. After building three successful ventures in the US—including ServerWorks, which was sold to Broadcom…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Nearly half of MSMEs polled prefer UPI for business...

Nearly half of MSMEs surveyed prefer UPI as...

Satechi Mac mini hub, Find My gear, iPhone 16...

Today we are starting off our collection of...

Will BlackRock’s $100M Buy Propel Ethereum to $3,500? 

The Ethereum price is once again at the...

Popular

Upcoming Events

IPTV IPTV IPTV IPTV IPTV IPTV IPTV