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South Asia News

Equinix India Signs MoU with Tamil Nadu Government for Upcoming Project in Siruseri

Image credit: Adobe Stock

Equinix India has signed a Memorandum of Understanding (MoU) with Guidance, the nodal agency of the Government of Tamil Nadu for the promotion and facilitation of the aforesaid upcoming project at Siruseri, Tamil Nadu.

As part of its expansion and growth strategy in India and to extend its operations in Chennai, the company has taken 5.95 acres of land on a long-term lease at State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) IT Park.

It is strategically located in the Siruseri area, which is known as the IT Corridor of Chennai, with large and upcoming IT parks and well-established telecom networks. The project includes building a world-class data centre with an ultimate capacity of 24MW IT load.

The company estimates to invest over Rs.1000 crores in phases over the next 10 years. The project is expected to create employment of about 90 skilled people from various industries such as electrical, mechanical, IT, and operations. In addition, during the 2-3 years construction phase, the site will employ 250 – 400 skilled and unskilled workers per day, the company said.

“India is a strategic market for Equinix. Our investment in Chennai to drive digital infrastructure growth in India is part of our commitment to the market. With multiple favourable factors, Chennai has emerged as a hub for data centers and we are excited for an MoU with the Government of Tamil Nadu. Thanks to the Industries Department, Government of Tamil Nadu, SIPCOT and Guidance Tamil Nadu for their support of Equinix & growth into Chennai,” said Manoj Paul, Managing Director, Equinix India.

He further added that with the necessary infrastructural support, regulatory facilitation, and uninterrupted power supply, a successful data centre can be built in Chennai particularly from an employment generation standpoint while delivering the best in class digital infrastructure to customers.

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  • July 4, 2022
Author Info - W.Media
Anuradha Nagar
Anuradha Nagar
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