NTT Ltd to invest $180 mn in Tamil Nadu
NTT plans to invest around $180 million) in the Indian state of Tamil Nadu.
Sharad Sanghi, CEO of NTT Ltd said that the company will use this investment to expand its Data Centre footprint in India. “We are setting up a Data Centre Park spread over 6 acres of land,” he said.
In May 2020, NTT had purchased this land in Ambattur Industrial Estate to accomodate 2 Data Centres with a combined power capacity in excess of 50 MW. “We plan to start construction of first park in 2021,” satated Sanghi.
In September, NTT Limited had said that is planning to invest $2 billion in the next four years for building additional data centres, solar parks and investing in its undersea cable network.
The investments will go into providing co-location services, setting up of multiple solar parks, expansion into cities such as Mumbai, Chennai and Bengaluru and construction of the optical submarine cable, connecting Singapore, Myanmar and India. “We are increasing our footprint seeing a significant growth in demand for IT infrastructure related needs in the country,” said Sanghi.
Investments are already underway in its new undersea cable project called MIST, which stands for Myanmar Malaysia India Singapore Transit. This project is slated to be operational by third quarter of 2022.
“It will improve communications infrastructure across the Indian Ocean,” Sanghi said. MIST has total design capacity of more than 216 TeraBits per second, 12 Fibre Pair, spread over 8000 kilometers. The landing point will be at Chennai and Mumbai.
NTT Ltd’s Global Data Centers and Cloud Infrastructure division in India currently operates with 10 data centers across 4 major cities with 1.5 million sq. ft. and over 150 MW of power capacity.
According to 451 Research, the data center market in India is growing at 23 per cent CAGR due to increased demand from global cloud providers and a proposed data sovereignty law by the Indian government, as well as other geopolitical factors.