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Hiranandani Group opens giant data centre in Mumbai to tap digital economy

The Rs 1,000-crore facility is the first of more to come

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The new data centre is built on 20 acres of land in Panvel

Pavan Lall Mumbai
Hiranandani Group has set up a digital technology venture to grab a share of the online economy pie. Yotta Infra­structure, a Hiranandani Group firm, opened its first hyper-scale data centre in Mumbai, on Tuesday.

Chairman Niranjan Hiranandani said the Rs 1,000-crore facility was part of a nationwide roll-out. “Self-reliance is an emerging reality for corporations, with the pandemic upending the way dependencies between global and domestic firms were once structured.”

For data storage, self-reliance could make good business sense. The global data centre networking market may touch $41 billion by 2025, and register an 11 per cent CAGR from 2019 to 2025,