Indian Economy News

Adani Group ties up with US-based Digital Realty for foray into data centre domain

  • IBEF
  • October 30, 2019

The Adani Group has entered into a partnership with Digital Realty, which is a San Francisco-based player in data centre, co-location and interconnection solutions. This partnership will give a boost to Adani Group's foray into the data centre domain.

As per the conditions set in the memorandum of understanding (MoU) which was signed between flagship company Adani Enterprises Ltd and Digital Realty, the two companies will evaluate the development and operation of data centres and data centre parks jointly, and will also cultivate the undersea cable provider communities of interest across India.

This partnership will have effect on the Digital Realty's experience and solutions for their global data centre customer base, along with Adani's expertise in full-stack energy management, renewable power, and real estate development and management.

Adani Group Chairman, Mr. Gautam Adani, said, "Data centre infrastructure is critical to enable a Digital India and this partnership leverages several of the capabilities developed by the Adani Group in power generation, transmission, retail electricity distribution, access to waterfronts through the ports business, and real estate management. Also, as one of the top five renewable energy companies in the world, our ability to power our data centres with solar and wind energy is unique and addresses some of the challenges of building and operating data centres. The skill-sets of the two companies are complementary, and together we can provide unmatched products and solutions to customers in India."

The collaboration between the companies is expected to reshape India's current data centre capacity, which is currently under-served.  

Digital Realty Chief Executive Officer, Mr. A. William Stein, said, "We are excited by the opportunity to enter the Indian market with the Adani Group."

He added, "Their knowledge of the local market and complementary capabilities are a great fit for us and will significantly accelerate our ability to serve customers in this rapidly growing region... We are strongly committed to working with Adani to build a world-class data centre network in India to support the growth of our global and Indian customers."

According to a statement, the strong engineering and project management skills of both the companies will lead to execution of the partnership effectively in a complex environment and deliver facilities on time, with the needed high uptime levels.

Digital Realty supports the data centre, co-location and interconnection strategies of more than 2,000 firms situated throughout North America, Europe, Latin America, Asia and Australia. It has clientele in sectors such as cloud and information technology services, communications and social networking, to financial services, manufacturing, energy, healthcare, and consumer products.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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