Adani Enterprises Limited announced the establishment of a 50:50 joint venture with EdgeConneX, a leading global data centre operator with 50 facilities in 30 markets around the world. Under the JV, AdaniConneX will develop and operate data centres across India, the company said. In addition to... Read more...
Japanese technology firm NTT Ltd. has acquired 6-acre land in Greater Noida to set up a data centre with an investment of Rs 1,000 crore. According to the Greater Noida authority, the plan is to develop the region into a data centre hub as this is the second transaction after Mumbai-based Hiranan... Read more...
The Adani Group will invest Rs 2,500 crore to set up a ‘hyperscale’ data centre (DC) in Chennai, called Adani Chennai-1. The foundation stone for the project was laid last week. It is expected to give a boost to the city’s attempts to become the country’s second major DC hub, after Mumbai. ... Read more...
Hiranandani group, will invest around Rs 8,500 crore over the next three years to develop data centres and industrial parks across various cities as it is bullish on growth prospects in these two verticals. The Hiranandani group has around 2,000 acres of land bank across major cities for development... Read more...
Globally, data is being created at an unprecedented pace. Global Datasphere, which is the total amount of data created, stored and replicated is estimated to grow from 33 ZB in 2018, to 175 ZB by 2025.[1] Given this trend, there is a need for building more Data Centres to store data, which in turn c... Read more...
Uttar Pradesh Chief Minister Yogi Adityanath laid the foundation stone for a ₹6,000 crore data centre project to be built in Greater Noida’s sector Knowledge Park-V. Work on the project is scheduled to begin in January and estimated to be completed in five years. On October 15, NIDP develop... Read more...
The Ministry of Electronics & Information Technology on Friday released the draft data centre policy which said that the government will work towards providing “infrastructure status” for the data centre sector, at par with other sectors like Railways, Roadways, and Power. The status will... Read more...
The Telangana government on Friday announced that Amazon Web Services (AWS), one of the largest cloud computing platforms in the world, has come forward to set up multiple data centres in the state at an estimated investment of Rs 20,761 crore. The investment of Rs20,761 crore from AWS will posit... Read more...
Sudarshan Lodha, Co-founder, Strata The Maharashtra government has reduced stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, to boost the stagnant real estate market hit by the COVID-19 pandemic. Post-December 2020, the government will levy three percent stamp duty ... Read more...
Chief Minister Yogi Adityanath’s Uttar Pradesh has given the green light to a Rs 600-crore data centre park project slated to come up in Greater Noida. The Mumbai-based Hiranandani Group is developing the state’s first data centre in an area spread across 20 acres and at a cost of Rs 600 crore, ... Read more...