To build a data centre in Mumbai, the Brookfield-Digital Realty joint venture will invest US$ 242.89 million (Rs. 2,000 crore)
- IBEF
- June 14, 2023
In Mumbai's Chandivali neighbourhood, BAM Digital Realty, a joint venture between Brookfield Infrastructure and Digital Realty, intends to invest more than US$ 242.89 million (Rs. 2,000 crore) to build a data centre with a 35-megawatt (MW) IT load capacity. To construct its second data centre in India, the joint platform has bought 2.15 acres of land in a neighbourhood of Mumbai. With the completion of this data centre, the company's anticipated capacity in India would be 135 MW.
The initial venture into the Indian market by BAM Digital Realty is expanded upon by this strategic investment in Mumbai. On schedule to open towards the end of 2023 will be the company's first 20 MW greenfield data centre (MAA10), located on a 100 MW campus in Chennai.
According to Managing Director (MD), Head of Infrastructure, India & Middle East, Brookfield Infrastructure Group, Mr. Arpit Agrawal, Mumbai's continued status as a key location for data centres is supported by the country's considerable digital transformation, which is being driven by the industry's ongoing, rapid expansion in India. We are strengthening our commitment to providing our local and international customers with the highest level of innovation and competence as we increase our footprint in India and enter the Mumbai market.
The new location of BAM Digital Realty was chosen to provide a well-connected facility that could handle the expanding need for crucial digital infrastructure in this region due to its closeness to customers and central metro location in Mumbai.
According to Managing Director (MD) and Head of Asia Pacific, Digital Realty, Ms. Serene Nah, we are eager to increase our momentum in India by establishing a presence in Mumbai. Local and international consumers can easily access a well-connected facility in the centre of Mumbai thanks to the choice of Chandivali's strategic location. With this, Digital Realty's secure and accessible global data meeting place gains a sizable new metro.
Utilising PlatformDIGITAL, a global data centre platform from Digital Realty, the two data centres in Mumbai and Chennai will work together to provide clients travelling in both directions with access to a well-established ecosystem. Digitalization has intensified as India strives to overtake the United States as the third-largest economy by 2027. Data centre capacity in India is in high demand because of the exponential rise in data, which is estimated to reach an installed capacity of over 1,400 MW by the end of 2025.
Mumbai, the largest financial centre of India, is home to most of the nation's businesses in the banking, financial services, digital media, and other sectors. Mumbai also accounts for about 43% of the country's overall demand for data centre space. Mumbai is India's main centre for connectivity and its top international internet gateway, and it is where many subsea cables that land in India are located. In addition, it provides reliable power infrastructure and dense fibre communication, which are essential for the high-power computing workloads supporting emerging technologies like artificial intelligence (AI).
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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