NTT, the largest telecom operator in Japan, plans to invest $3.5 billion on India’s digital infrastructure over the next seven years. The investments will mostly target digital infrastructure, and they will nearly increase the telco’s existing capacity to 300 MW.
In 2023, NTT also plans to build subsea cable landing stations in Mumbai and Chennai, both of which are located in India. The project is a component of its investment in the country’s digital infrastructure. The additional investment represents an increase over the $800 million the corporation spent there between 2021 and 2022.
As Japan’s local market contracts, some businesses are forced to go outside for new markets to expand in. The effects of the pandemic, the depreciating yen, and an aging population have all contributed to this.
NTT Data was established by NTT in October 2022 to oversee the company’s global operations. At the time, the company predicted that NTT Data would generate $30 billion in total revenue, $18 billions of which would originate from more than 80 countries outside of Japan. NTT has consistently increased its foreign business by more than 20% since 2007. It provides worldwide data centers, edge-to-cloud infrastructure, and technological consultancy.
Meanwhile, with local telecom Bharti Airtel announcing this month that it would invest £200 million in a new data center in Hyderabad, India has continued to draw investments into its data center industry. With a capacity of 60 MW, it will undoubtedly be a sizable hyperscale facility. Despite not having made any investments in Hyderabad’s data centers, NTT has previously made hints that it is considering doing so but is awaiting increased demand.
Rajiv Ranjan, associate research director at IDC India, told IT Pro that Hyderabad is indeed turning out to be a hub for hyperscaler data centers in India as the government of Telangana is looking to attract investments in the state.
