Princeton Digital Group to build its first DC in India
Published 10 March 2021
This data centre will be ready by 2022, in Navi Mumbai and will have the IT capacity of 48 MW, spread across two buildings. This new campus is designed to serve internet and cloud companies including leading hyperscalers in Mumbai.
“We are delighted to announce the build of our first data centre campus in India. Our commitment to supporting our hyperscale customers in India is part of our core strategy to be a market leader in APAC”, said Rangu Salgame, Chairman and CEO of PGD.
“PGD is the only company with the expertise, agility and backing to have built an unrivalled portfolio of 18 data centres, with over 350MW, across four countries- China, Singapore, Indonesia and India, in three years”.
Mumbai is one of the most exciting markets in India and with the development of a data centre in this city PGD is looking to become a significant player in the market. “Our ambition is to be one of the largest, pan national hyperscale data center provider in the country over the next three years”, added Vipin Shirsat, Managing Director, India at PGD.
“Mumbais data centre market is estimated to reach a CAGR of 22 per cent for the period 2017-2023.
As the largest data center market in India, Mumbai houses 31 per cent of the nation’s colocation footprint even as providers move further inland through Navi Mumbai which is considered a submarket of Mumbai”, said Dan Thompson, Principal Research Analyst, Datacenter Services & Infrastructure for 451 Research, part of S&P Global Market Intelligence.
The current model of PGD helps it enter the hyperscale growth markets like Mumbai and strengthen their customers with sustainable and reliable data centre capacity, the company said.