Global data center major Colt DCS plans $1.3 billion investment in India
data center major Colt DCS is looking to invest over $1.3 billion in India to develop hyperscale and enterprise solution data center campuses over the next 3-4 years, said a top official of the company.
The London-headquartered company is looking to develop two campuses including one in Mumbai region and one in Chennai as per its India growth plan to begin with and in other key cities of the country in the years to come.
For the Mumbai region project, the investment amounts to $115 million in the first phase, and the overall estimated investment for this campus stands at around $750 million.
«Colt DCS' entry into the Indian market reaffirms our commitment to become the leading customer-centric data centre operator in the industry. Our strategic expansion is only set to continue with new sites expected across the country as we look to provide high quality data centre services,” Niclas Sanfridsson, CEO, Colt DCS, told ET.
In Navi Mumbai’s Airoli locality, the company is setting up a 120 MW hyperscale data center spread over 15 acres.
Of this, it has operationalised the 22 MW first phase with an investment of $118 million. At this facility, the company has already signed a client for 4 MW capacity demand.
“We are now uniquely placed in the Mumbai market to address the demand of hyperscale cloud service providers and large enterprises particularly from banking and financial services industry.
