The state is planning to set up smaller capacity data centres in the hinterland across the state. The policy will aim to attract private sector investment to attain Rs 30,000 cr in the next five years
Walmart-owned payment services provider PhonePe on Thursday said it is investing USD 200 million (around Rs 1,661 crore) on building data centres in the country, a top official said on Thursday. The investments are driven by the regulatory insistence on data localisation, which prevents a financial sector entity from storing its data overseas, and other aspects, company's co-founder and chief technology officer Rahul Chari said. Speaking to reporters after the launch of a data centre facility at Navi Mumbai, Chari said PhonePe will be investing USD 200 million on data centres. He said the company has already invested USD 150 million but did not specify a timeline for investing the remaining USD 50 million. Chari said it is beneficial for a company like PhonePe to invest in captive data centres given the data localisation mandate from the regulators and also because of the ease or flexibility of operations it offers as compared to an operating expenses model. Company's co-founder a
The Maharashtra government will come out with a policy on the data centre business in a month's time, a senior official said on Thursday. The official said the state already has a comprehensive policy governing the information technology sector under which data centres currently operate, but given the very high growth in data centres and the policy lagging behind the industry, a need was felt to have a separate policy exclusively for the data centres business. When asked about the timeline for the launch of such a policy, the official said the industries department under Uday Samant is taking the lead in the formulation of the policy and added that the document will come out in 30 days. Speaking at an event hosted by industry lobby grouping CII, Kaustubh Dhavse, a joint secretary to the government, who also serves as the official on special duty for deputy chief minister Devendra Fadnavis, said such a policy will be very helpful for an orderly growth of the industry. "This governme
Facility's dedicated data centre will enable Cisco to offer India-specific pricing for its customers, taking down costs by over 50%
Investments in data centres expected to surpass $20 billion by 2025, with smaller cities gaining too
Plans have been drawn up for over 45 DCs spanning 13 mn sq ft and 1,015 Mw of IT capacity that will come up in India by end-2025
Over 69% of new IT capacity of 1,015 Mw will come up in Mumbai and Chennai, with 51% in Mumbai alone
Adani Group firm AdaniConneX is planning to build 1,000 megawatt data centres -- almost double the present size of the total industry -- over a period of 10 years, a senior company official said. AdaniConneX Senior Vice President and Head of Data Centre Business, Sanjay Bhutani said the the first seven data centres of the company will come up in Mumbai, Chennai, Hyderabad, Delhi, Bengaluru and Pune. "We are building 1,000 megawatt data centres. Today, the industry stands at 550 MW. Building 1,000 megawatt data centre in the next one decade is something which is our business plan," Bhutani said while speaking at 9.9 Group's CIO and Leader Conference on Saturday. Data centre capacity is measured in terms of power they consume. According to market research firm Arizton, India's data centre market size stood at 447 MW in 2021, valued at USD 10.9 billion. Bhutani said the six cities which will get first seven data centres will have total capacity of 450 MW over the next three years, whi
Larsen & Toubro (L&T) on Monday said it has bagged significant contracts to build data centres of capacities totalling 10.8 MW at Mumbai and Navi Mumbai. The company will design, build and would be involved in supply work, among others for the data centres and allied buildings including fit-outs. The orders are bagged by the buildings and factories business of L&T Construction, a subsidiary of L&T. The company classifies contracts worth Rs 1,000-2,500 crore as significant orders. Further, the company has secured an order for the engineering, procurement and construction of the 'Statue of Oneness' The Statue of Adi Shankaracharya at Omkareshwar in Khandwa, Madhya Pradesh from Madhya Pradesh State Tourism Development Corporation Ltd. The 108-feet high bronze statue is scheduled to be completed in 15 months.
"Global Express appoints Infosys to manage technology separation from Toll Holdings," the Bengaluru-headquartered IT services major said in a statement
Several popular platforms like Discord, DoorDash, NordVPN, Zerodha, Upstox and others that use Cloudflare services went down for users globally, including in India
This initial investment by Equinix Inc. for data centre in Mumbai includes an acquisition of a parcel of land, which provides a total space of nearly four acres
The data centre capacity is set to double by FY25 to 1,700-1,800 mw from 870 mw with an investment of Rs 40,000 cr on the back of rising data uptake, coupled with the launch of 5G services
Addressing a press conference at the state assembly, West Bengal Industry Minister Partha Chatterjee said the cabinet gave its go-ahead to the company to set up the facility on 51.75 acres of land
The facility will focus on travel management, engineering, e-commerce, and used for technology support.
California-based Cyber security company Trellix on Thursday announced the opening of a new data centre in Mumbai to help customers meet their data residency and compliance requirements.
The investment that one hyperscale data centre requires is anywhere between $100-$150 million, said Sharad Sanghi, MD, NTT India
Data management firm VueNow, which is planning the investment, will develop a four-tier data centre of 100 racks with Patna as the master hub
Pichai said that Google helped provide $617 billion in economic activity for millions of American businesses, nonprofits, creators, developers and publishers last year
NxtGen Datacenter and Cloud Technologies have announced Rs 1,300 cr investment to set up 236 edge centres in India. So is RailTel, in the country's rural and semi-urban areas. Let us find out why