Hiranandani Group to invest ₹39,000-cr in data centre in Noida

Hiranandani Group has planned to expand the operational ambit of its data centre business, Yotta Infrastructure, in Greater Noida by investing ₹39,000 crore. The first phase of the centre has already been inaugurated by the UP chief minister. The additional investment announced by the company will go towards constructing the data centre campus, procuring IT equipment and other hardware for Yotta and its customers. While announcing a data centre policy last year, the state government had set a target of ₹20,000 crore investments in the state in five years but it achieved that target within a year. The state has proposed to set up 600 MW data centres from multiple companies and data centre investment in India is expected to surpass $20 billion by 2025.

The first of six data centre buildings in the Yotta Greater Noida Data Center Park, Yotta D1, has been set up with an investment of around ₹1,500 crore. It was built and made operational within 20 months. Once fully operational, Yotta D1 will see an additional investment of ₹5,000 crore in IT equipment. Keeping in mind the growing demand, the state has advanced the construction of other buildings.