Data centre provider Web Werks will set up a data center in Bangalore and invest ₹750 crores in the project.
It has signed an MoU with the Government of Karnataka and the project which will be fully operational in 2 years, the company said. This data centre in the Silicon Valley of India will have a potential of up to 20 MW with further expansion possibilities, Web Werks said. It will be the fourth data centre in Bangalore.
The Government of Karnataka will aid this development through facilitating required permissions, registrations, approvals and clearances.
Nikhil Rathi, CEO, Web Werks data centres said, “Digital transformation in India continues to accelerate with support from the Government’s ‘Digital India’ program. Web Werks’ Bangalore data center will cater to the increasing demand from hyperscalers and enterprises. We look forward to providing our new customers in South India with highly reliable and scalable solutions combining hosted infrastructure, cloud on-ramp, network, and security. The addition of this data center is part of our national expansion and we are extremely happy and grateful to the Government of Karnataka for their support”.
Web Werks operates three Tier 3, carrier-neutral data centers in Mumbai, Pune and Delhi NCR with a combined footprint capability of 225,000 square feet.
Earlier this year the company entered into a joint venture with Iron Mountain to accelerate its expansion plans across the country. The NYSE listed firm is planning to invest $150 million over the next two years, and anticipates being the majority investor in the venture after the investment period.
In March this year, Web Werksacquired a land parcel to build a standalone Greenfield data centre in Navi Mumbai with an investment of Rs 400 crore.
Data centre investments have been gradually increasing. Earlier this month, Ascendas Property Fund Trustee Pte. Ltd., the Trustee-Manger of Ascendas India Trust (a-iTrust) said that it will invest an estimated US$160M to develop and operate phase one of its first data centre campus in Airoli, a growing data centre hub in Navi Mumbai.