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Arshiya to develop IT/ITES Park at Panvel

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announced that the company has outlaid a plan to set up additional segment in the notified area company's wherein it plans to develop IT/ ITES Park on an area of about 25 acres of land situated at for which it has received approval to set up the said IT/ITES SEZ from the concerned authorities.

The said 25 acres of land situated at has been notified as IT/ITES Park and on the said Land the Company plans to build a Hyperscale Data Centre Park" with a constructible area of approximately 2.5 to 3 million square feet.

Meanwhile, the company has recently entered into a Master Development Agreement (Non Binding Term Sheet) with a very large global data centre operator.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 10 2019. 11:08 IST