Data Center News

India’s Kotak Bank To Launch a New $1 Billion Data Center Fund

India’s Kotak Mahindra Bank’s investment arm Kotak Alternate Assets, has launched a new data center fund. The company announced the appointment of Subhamkar Das as the Chief Operating Officer of its new Kotak Data Centre platform. Kotak Alternate Assets is managed by Kotak Investment Advisors ...

November 30, 2022

Abdul-Rahman Oladimeji

India / Bhārata

VueNow InfoTech Signs MoU Worth $1.6bn To Develop 750 Edge Data Centers in Uttar Pradesh, India

VueNow Infotech has announced that it has signed an MoU with the government of Uttar Pradesh, India. The deal will see VueNow develop the infrastructure for up to 750 Edge data centers in the state. The MoU is worth 13,500 crores (~US$1.6bn). VueNow Infotech Pvt Ltd’s MD, Sukhvinder Singh Khar...

November 22, 2022

Abdul-Rahman Oladimeji

India / Bhārata

Blackstone Starts Asian Data Center Unit With 600MW Facilities in India

Blackstone, a private equity investor, has revealed that it is launching an Asian data center platform called Lumina CloudInfra. The development will see Blackstone start with two data center facilities in India with a total capacity of 600MW. Blackstone reportedly has up to $25 billion in the...

November 15, 2022

Abdul-Rahman Oladimeji

India / Bhārata

PhonePe launches its first Green Data Center in India

PhonePe has announced that it has launched its first green data center in India. According to the company, this addition will open up new opportunities from a data management perspective while bolstering data security, power efficiency, and cloud solutions, made possible by PhonePe leveraging ...

November 01, 2022

India / Bhārata

India's data center boom: Growth and projections

India is currently experiencing a data center boom, an expansion that is only expected to grow. According to research, while the industry was previously fragmented, it is now evolving rapidly as the industry becomes more consolidated. Presently, there are 138 data centers spanning India, with ...

August 29, 2022

India / Bhārata

Four Data Center Parks Coming To Uttar Pradesh, India

The government of Uttar Pradesh, India, has approved the plan for four data center parks in the state. The government granted permission to Adani Enterprises Limited Project-1 and Adani Enterprises Limited Project-2, NIDP Developers Private Limited (an affiliate of Hiranandani Group), and NTT ...

June 29, 2022

Abdul-Rahman Oladimeji

India / Bhārata

VueNow's ground blessing ceremony on Hamirpur data center site

Indian data center firm VueNow recently held a blessing ceremony to welcome in the development of its data center in Nadaun in the Hamirpur district of Himachal Pradesh. Himachal Pradesh Industries Minister Bikram Singh performed 'Bhoomi Pujan' in honor of Goddess Bhoomi and Vastu Purush.VueNo...

May 06, 2022

India / Bhārata

Cisco launches Mumbai data center

Cisco's Duo has announced that it has launched its first data center in Mumbai , with the intention of providing its customers with enhanced cyber defense and data localization. This move is also part of a wider global expansion strategy. Information about the facility's specifications are yet...

May 05, 2022

Mumbai

VueNow To Develop 40 Edge Facilities Across Bihar, India

VueNow has revealed that it plans to develop multiple Edge data centers across Bihar, India. According to Business Standard, Bihar’s IT department received a proposal from VueNow about an investment plan to develop data centers across the state. This investment is worth Rs817 crore ($107m). Ac...

April 22, 2022

Abdul-Rahman Oladimeji

India / Bhārata

Vultr opens cloud data center in Mumbai

Vultr has announced that it has launched a cloud data center location in Mumbai, making the city its 25th global location. According to the company, it will enable businesses in India to innovate quicker and at a reduced cost.Commenting on the company’s expansion, Vinod Chacko, Business Develo...

April 18, 2022

Mumbai

Energy firm ZR Power Holding's data center plans

Indian Energy firm ZR Power Holdings has announced that it is investing more than Rs 1,700 crore ($223.2m) in a data center at Mahape in Navi Mumbai.The proposed facility would have a capacity of 50MW and span a 10-acre plot which the company is currently acquiring. Zain Ravadji, chairman, of ...

March 28, 2022

Mumbai

Sophos opens data center in India

Sophos has announced that its Mumbai-based data center is now open. Hosted by AWS, the facility is the company's third in the Asia Pacific and Japan region.Speaking about the facility, Sunil Sharma, managing director of sales for India and SAARC, Sophos said: "With massive digital transformati...

March 22, 2022

India / Bhārata

India's National Stock Exchange to relocate its data center

The National Stock Exchange of India (NSE) has announced plans to relocate its primary data center out of its Mumbai headquarters at the Bandra Kurla. This announcement comes following allegations that the NSE's former head was embroiled in a colocation scam that began in 2015, and ended with ...

March 10, 2022

India / Bhārata

India's National Stock Exchange is Moving To a New Data Center

India’s largest stock exchange- The National Stock Exchange will be moving its primary data center from the Mumbai headquarters. The NSE move comes the organization’s former head was arrested over an alleged colocation scam. The scam involved him giving a broker privileged access to market dat...

March 10, 2022

Abdul-Rahman Oladimeji

India / Bhārata

What India's new government policy means for the data center industry

The Indian government is introducing new policies that will encourage data center growth in the country, it has been announced. This policy announcement comes as leaders strive to make the country a hub for the world’s growing data traffic. In the government’s 2022 budget, provisions have been...

February 14, 2022

India / Bhārata

India To Classify Data Centers as 'Infrastructure,' - More Development Expected

It is great news for data center companies, and investors in India as the country's government says it will classify data centers as infrastructure assets starting April 1, 2022. The development will help ensure that data center companies get better access to funds through loans or investments...

February 02, 2022

Abdul-Rahman Oladimeji

India / Bhārata

Techno Electric & Engineering Company plans $1bn data center development across India

Techno Electric & Engineering Company (TEECL) has announced big plans for investment across India. The Indian power infrastructure firm is reportedly planning to invest $1 billion (Rs 7,310 crore) in developing data centers in Mumbai, Hyderabad, Pune, National Capital Area (NCR) Chennai, a...

September 09, 2021

India / Bhārata

The importance of geographical diversification for Indian data centers

India's data center market is forecast to grow by a CAGR of around 12% between 2020−2026, which means the country is undoubtedly witnessing a data center boom. That said, as the country's data center footprint grows, industry veterans have warned that India must learn from the past mistakes o...

September 06, 2021

India / Bhārata

Indian data center boom to see industry capacity double by 2023

India's data center industry is growing at a rapid rate following a rise in digitalisation and the "ambitious growth plans of data centre operators." As a result, the market is anticipated to double by 2023, reaching over 1,000 MW, that's according to JLL's 'H1 2021 India Data Center Market Up...

August 24, 2021

India / Bhārata

Acronis launches first cloud data center in India

Acronis has announced that it is launching its first cloud data center in India. The facility in Mumbai is being launched with partners Compuage India, Ingram Micro and Crayon Software Experts India. This new data center is one of 111 new facilities that the company is launching globally. It w...

June 25, 2021

India / Bhārata

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