Page 22 - Data Centre

Adani Group to set up 2 new cement plants, data centre in Andhra Pradesh

Adani group will set up two new cement manufacturing plants, 15,000 MW of renewable power projects and a data centre in Andhra Pradesh as it looks to double down on its presence in the state, Karan Adani, founder family's scion, said on Friday. The apples-to-airport group plans to double the capacity of the two sea ports it operates at Krishnapatnam and Gangavaram in the state, he said at the Andhra Pradesh Global Investors Summit here but did not give investment numbers. The investments will be on top of the Rs 20,000 crore already invested in the state, which created more than 18,000 direct and 54,000 indirect jobs. Adani, who is the CEO of the group's port company Adani Ports and SEZ Ltd and the son of group founder and chairman Gautam Adani, said the group will set up cement plants with total capacity of 10 million tonnes per annum at Kadappa and Nadikudi in the state as well as a 400 MW data centre in Visakhapatnam. This is the first public appearance from the Adani family in

Investments worth Rs 1.5 trn likely on data centres in next six years: Icra

Current data centre capacity in India pegged at 870 Mw. Country likely to add 4,900-5,000 Mw; Mumbai, Hyderabad and NCR to hold 70-75% of overall installed capacity

India to see Rs 1.5 trn worth investment in data centres in next 6 years

Mumbai and Chennai have maximum landing stations, with the former being the preferred location for a data centre operator

Data centre capacities in India to rise six-fold in next six years: Icra

Mumbai, Hyderabad and the National Capital Region (NCR) will account for 70-75 per cent of the installed DC capacity

Kotak Bank arm raises $590 mn fund for data centre investments in India

Kotak Investment Advisors (KIA) said it plans to raise $800 million under the Kotak Data Centre Fund and this is the first close for the same, as per a statement

Japan's NTT says planning Rs 2,000 cr investment in Bengal data centres

Company has committed investing $2 billion in India, plans more data centres

Most customers don't trust organisations over their data use in AI

Despite a difficult economic environment, organisations continue to invest in privacy, with spending up significantly from $1.2 million just three years ago to $2.7 million on average this year

Adani to unlock value in airports, data centres in future, says group CFO

AEL will be investing $70 billion in incubating new businesses and at the group level we will be investing close to $107 billion in the next decade, Singh says

Microsoft to invest Rs 16,000 cr to set up 3 more data centres in Hyderabad

In a testament to Telangana and Microsoft's commitment to help each other grow, Microsoft announced its first captive data centre investment of three campuses early in 2022

Airtel to invest Rs 2,000 cr to set up hyperscale data centre in Hyderabad

The project is estimated to be deployed in the next five to seven years, it further said

Google to come up with 381,000 sq ft data centre in Navi Mumbai by 2025

The data centre in Mumbai will be an eight-storey building with a basement and a roof

CtrlS aims to triple its data centres from existing 8 to 25 by FY25

CtrlS Datacenters Ltd, Asia's Largest Rated-4 data centre provider, is aiming to triple its number of data centres from the existing eight to about 25 by 2024-25. A press release from the firm on Monday said CtrlS is in the process of expanding its footprint by an additional five million sq ft from the current 1.2 million sq ft space. As part of its expansion, the company's two million sq ft Hyperscale Datacenter Park in Navi Mumbai is under construction, while another similar size one in Hyderabad is ready for construction. The company has also begun work on a one million sq ft DC campus in Chennai. These three projects will cumulatively add over 600 MW capacity to CtrlS' portfolio of assets, it said. Sridhar Pinnapureddy, Chairman, CtrlS Datacenters Ltd, said, "Altogether, we will add over 600 MW capacity in these locations and 5 million sq ft additional space. We are fully geared up to emerge as the world's largest Rated-4 data centre player." In addition to these large DC Park

Microsoft acquires tech firm Fungible to boost data centre infrastructure

Microsoft has announced the acquisition of the US-based technology company, Fungible, a provider of composable infrastructure aimed at accelerating networking and storage performance in data centres

Apple data centre town heating plan may happen after a wait of 6 years

Apple data centre town heating plan will likely happen after a wait of almost six years, the media reported

Govt controls under data protection bill to hit data centre investment: ITI

Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The Ministry of Electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes. GOI is also afforded a broad exemption from the Bill's application, which could make it harder for companies to invest in data centers and data processing activities in India," ITI said in its submission. ITI represents global technology majors such Google, Microsoft, Meta, Twitter, Apple etc. The draft DPDP has exempted government-notified data fiduciaries from several ...

Govts to spend $11.6 billion on tech in 2023, says Gartner report

The projected spending is $11.6 billion in 2023, the report said

NTT India to invest $2 bn in data centres, submarine cable, renewables

NTT India has earmarked around USD 2 billion to boost information and communications technology infrastructure in the country over the next three-four years, aiming to tap the rise in data consumption, a top company official said. New data centres, cloud computing, submarine cable landing stations and solar parks are key areas where NTT India's capex is planned, he said. "We will invest USD 500 million annually for the next four years in India. This is over and above the USD 800 million we have already infused in the last two years into ICT infrastructure," NTT India MD & Sr EVP (Global Data Centres & Marine Cables) Sharad Sanghi told PTI. He was speaking on the sidelines of the ABP Group-organised INFOCOM 2022. The Indian arm of Japanese IT services major NTT Data Inc is also exploring the idea of setting up a submarine cable landing station in Kolkata, Sanghi said. The company will roll out submarine cable landing stations, which are physical locations where one or more ...

Princeton Digital Group launches $300 million data centre in Mumbai

Princeton Digital Group (PDG) on Wednesday launched its flagship data centre called MU1 in India with an investment of $300 million

Power Grid to separate telecos, gets nod to foray into data centre biz

Power Grid Corporation of India Ltd is in the process of carving out its telecom vertical to a new fully-owned subsidiary, Powergrid Teleservices Ltd, in a bid to have a "focused approach" and to move up the value chain, senior company officials said. The move by the state-run power transmission major comes close on the heels when the telecom sector is ramping up its 5G service across the country to bring business transformation that can contribute two per cent to the national GDP. The state-owned power transmission major has also got approval from the Central Electricity Regulatory Commission (CERC) to operate data centres. "The telecom division of Powergrid will be transferred to the new subsidiary Powergrid Teleservices after receiving all regulatory approvals to provide greater impetus to the business and move up the value chain by entering into the data centre business. The process for regulatory clearance is in progress," Powergrid executive director (telecom) B Vamsi Rama Moh

Data centres in India attract investment of $10 bn since 2020: Report

Data centres have received investments of USD 10 billion (about Rs 81,247 crore) since 2020 as demand for such facilities has risen amid sharp growth in data consumption, according to property consultant Colliers India. In its report 'Data Centre: Scaling up in Green age', the consultant projected that India's data centre stock is likely to double to about 20 million square feet by 2025 from its current capacity of 10.3 million square feet. India currently has about 770 MW data centre capacity across the top seven cities -- Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata. "The growth of data centres in India is led by massive explosion of data consumption through digitisation, increased cloud adoption, etc, over the last two years. At the same time, data centre operators are enthused by the incentives such as subsidised land, stamp duty exemption, etc provided by several states," the statement said. Mumbai accounts for the largest share of data centres at 49 pe