Mantra Data Centers plans significant expansion in India

Mantra Data Centers has announced that it plans to make a significant investment in India, with proposals to inject $1 billion into its expansion project that will see data centers in NCR (Delhi), Chennai, Bangalore, Hyderabad, Kolkata and Mumbai, where it will build two. It has not yet been confirmed if the company has already secured this funding. Moreover, so far, the company has not started construction on any facilities.

It has been reported that the company has already signed a memorandum of understanding (MoU) with the Indian State Governments of Maharashtra, Tamil Nadu, and Karnataka.

This expansion across India comes as the country witnesses a significant data center boom, with the Indian data center market expected to surpass $8.5 Billion by 2023.

Speaking about the company’s new data center proposals, Jaan M. Chainani, the company’s co-founder and managing director said: "MDC is very well positioned for success in this growing market, with a strong management team, green sourced energy, 1st in class stakeholders, on-time delivery and the right locations to create a network of Tier III & IV Data Centers across India.

He added: “Our aim is to help our customers grow seamlessly in the midst of the digitalization of India."