The Noida region of Uttar Pradesh, India, is fast emerging as the preferred investment destination for global data center operators.
In line with this, the Government of UP has signed and MoU with Noida based data center Company VueNow Infotech Pvt Ltd to establish a network of Edge Data Centers across 750 locations in the state. The total cost of building the facilities is estimated at INR 135 billion (USD 1.6 billion).
VueNow, established in 2019 by Sukhwinder Singh Kharour has a vision to become the largest compute network company in India specializes in providing networking, colocation, and cloud services. It recently signed a memorandum of understanding with the Himachal Pradesh state government to set up an Edge data center in Hamirpur district, estimated at INR 9.6 billion.
Last year, the company signed a memorandum of understanding in Bulgaria to establish up to seven data centres in the country. A senior official of VueNow Infotech stated that these are going to be smaller decentralised facilities, that will offer compute and storage in a location closer to the user base as compared to regional and cloud data centers.
Faster 5G Rollout
The establishment of the Edge Data Centres are expected to pave the way for faster rollout of fifth generation (5G) telecommunications networks by offering increased computing capacity for applications using blockchain, artificial intelligence and big data, according to industry watchers. Abhishek Tiwari, Associate Director KPMG currently serving as Policy Advisor to the Government of UP shared Government’s vision to develop Uttar Pradesh a preferred choice for investors looking to invest in this space and has established a dedicated Project Management Unit (PMU) supported by KPMG to handhold data center investors.
KPMG, a leading consultancy firm has been assisting the Government in preparing the state’s first ever data center policy as well as ensuring its effective implementation to achieve the stated goals. Tiwari added that agreement with VueNow will help the Government to have a balanced portfolio of data centers across the state to serve its 250 million population.
Larger data center companies such as AdaniConneX, Yotta, NTT as well as others have set up data centers in Noida.