Hiranandani to invest ₹19,000-cr in DC Yotta infrastructure
The Hiranandani Group-owned data centre (DC) company Yotta Infrastructure has planned to invest about ₹19,000 crore in setting up new DCs across four cities including in Delhi and Kolkata. In Mumbai, its DC went live a few months ago and its Chennai centre is set to start soon. DCs are capital intensive projects and, between Mumbai, Chennai and Delhi, the company is building 15 structures at a cost of ₹15,000 crore. Sunil Gupta, MD and CEO of Yotta Infrastructure informed that in Kolkata, its four buildings will cost about ₹4,000 crore. While the Chennai DC is expected to be delivered by December 2021, in Delhi it would be completed by April 2022. This centre received an overwhelming response in the market as there are large customers who are planning their deployments in the north. It acquired a 20-acre land parcel in Noida where the approval for the construction is in process. While In Kolkata, the company still needs to acquire land. Over the last few years, data consumption in India has exploded. Aided by cheap data and penetration of smartphones, people have started shopping on e-commerce websites and viewing content on OTT platforms.
📅Published on:
01 September 2020
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
