Tillman Global Holdings (TGH), a US-based holding company focused on creating, operating and investing in telecommunications and energy infrastructure, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest up to Rs 60,000 crores to set up a 1 GW data center facility in the state.
The MoU was signed on the sidelines of the recently concluded World Economic Forum (WEF) in Davos. This investment will be in addition to the previously committed amount of Rs 30,000 crores for digital infrastructure development in Telangana and Andhra Pradesh.
“We’ve been building a team based in Mumbai to tackle the opportunity, to build a hyperscale and sovereign cloud-focus AI data centre,” Sachit Ahuja, co-president, TGH, told Economic Times. “Between these three projects, the estimated investment from Tillman Global, over the deployment period, will be in excess of $10 billion.”
The project is part of a wider Mumbai 3.0 project that is an integrated AI, digital infrastructure, logistics and commercial hub in the state. In Davos, Maharashtra Chief Minister Devendra Fadnavis met with Harsh Shah, Director, Shree Naman Group, to discuss Shree Naman Group’s partnership with the Mumbai Metropolitan Region Development Authority (MMRDA) to develop a 1.5 GW data park in Mumbai 3.0.
“Envisioned as one of the world’s largest ever data centre developments, the project will also include an integrated AI, logistics, and commercial hub. Spread across 1500 acres, this initiative marks a major step in building future-ready digital infrastructure in the Mumbai Metropolitan Region,” said a post on X from the Chief Minister’s official account. “Tillman Global Holdings, one of the world’s largest data center owners and operators, will be one of the primary FDI partners for the project.”
Readers would recall that last year, TGH had signed an MoU with the Government of the southern Indian state of Andhra Pradesh to develop a 300 MW hyperscale data center campus in Visakhapatnam with a proposed investment of Rs 15,000 crore. And in 2024, also during the WEF, TGH had signed an MoU with Telangana to invest Rs 15,000 crores in a 300 MW hyperscale data center facility in the state.