Hiranandani Group launches ₹6,000-cr Data Centre Park

Hiranandani Group's wholly-owned subsidiary, Yotta Infrastructure, has laid the foundation of 20-acre Delhi NCR data Centre Park in Greater Noida involving an investment of ₹6,000 to ₹7000 crore. The park will consist of six interconnected data centre buildings, which will offer 30,000 racks capacity and require 200 MW of power. The state's biggest success is in creating an environment through its Business Reform Action Plan, where new investors coming to UP feel assured. UP government has moved up in the ease of doing business ranking over the past few years and is at number two in the country today. The state government and administration will extend all support, during and after the construction of this data centre park. In July, Yotta had launched a ₹1,100-crore facility in the outskirts of the financial capital, adjacent to its upcoming realty project, and announced an intention to invest over ₹15,000 crore over the next decade in the business. Hiranandani Group founder and Chairman Niranjan Hiranandani and Group CEO Darshan Hiranandani attended the ceremony virtually. Competition in the data centre business is getting intense, with new players increasingly joining the bandwagon.