Thursday, August 11, 2022
Tech ObserverEnterprise ITData CenterNTT plans to invest $2 billion in India for expansion of data centers, networks and solar power projects

NTT plans to invest $2 billion in India for expansion of data centers, networks and solar power projects

Japanese multinational system integration company NNT said that it plans to invest around $2 billion on the expansion of data centers, networks, and solar power projects in .

While launching a new high-density and hyperscale in Mumbai with 375,000 sq.ft of colocation space, having capacity to host 5000 racks and over 30 MW of load, the company said that it plans to double its capacity in the next two to three years to strengthen its hybrid ICT solutions and support the digital transformations of customers in India.

“India has been a key market for NTT Ltd’s data center portfolio. Organizations today demand an ever-expanding global platform to reach their growing digital business objectives,” said Masaaki Moribayashi, Senior Executive Vice President, Services of NTT.

“That’s why we continue to expand our portfolio of state-of-the-art data centers in new and existing markets that complement our global geographic footprint and support our clients as their demand increases for reliable, robust cloud services, cloud communications, digital entertainment, and new technologies such as artificial intelligence.”

The company claimed that the new Mumbai 7 Data Center facility will expand its data center capacity (server room) in India by 30 percent. The company also said that the current data center footprint expansion in India is part of its ongoing growth strategy of the Global Data Centers division which operates the third-largest data center platform in the world, with over 160 data centers spanning more than 20 countries and regions.

“We are extremely pleased to increase our data center footprint in Mumbai, during this pandemic to enable our clients to derive greater value while delivering business outcomes. Our data center facilities are poised to become the very heart of India’s IT Infrastructure needs providing the right platform with end-to-end ICT solutions combining hosted infrastructure, , and managed services – to balance the critical IT load of businesses,” said , CEO, Global Data Centers and Cloud Infrastructure of NTT in India.

With NTT’s Global Data Centers and Cloud Infrastructure division has also launched its first 50 MW Solar Photovoltaic (PV) power plant in Solapur which is built in partnership with Tata Power. The company’s new Solapur power plant is aimed at meeting 83% of the power needed by the Mumbai data centers. The capacity can be expanded to generate another 50 MW solar power in the future, said the company.

Date center market in India is growing at 23% CAGR (2017-2022) due to increased demand from global cloud providers and a proposed data sovereignty law by the government, as well as less-than-ideal market conditions that have been playing elsewhere in the Asia Pacific region.

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