Yotta Infrastructure is set to invest US$950 million (INR 7000 crore) in a 20-acre hyperscale data center park in Greater Noida after receiving approval from the Uttar Pradesh Government in ‘record time’.
The park will consist of six interconnected data centers, with a 30,000 rack capacity and 200 MW of power.
“We are thankful to the Uttar Pradesh Govt and Honorable Chief Minister Shri Yogi Adityanath for providing us all the required approvals in record time,” said Dr. Niranjan Hiranandani, Co-founder and Managing Director of the Hiranandani Group, which Yotta is a part of.
Construction of the first data center is slated to begin in December 2020.
“Yotta’s vision to support the Digital India initiative just received a big boost with the inclusion of our Northern India campus that will enable us to address India’s growing need for data sovereignty,” added Dr. Hiranandani.
India’s data center market is growing due to increased demand from global cloud providers and a proposed data sovereignty law by the Indian Government.
According to Darshan Hiranandani, the Group CEO of Hiranandani Group, said the National Capital Region of India contributes over 10% to the Indian GDP and has a huge concentration of enterprises and startups who need reliable data center services.
“With our state-of-the-art campus, the NCR region will get its first hyperscale data center facility that was long due,” said Mr. Hiranandani.
Yotta Infrastructure and Hiranandani Group cooperated with the Uttar Pradesh Government on land allotment and arrangement of electricity on open access basis, which is said to go a long way in augmenting the data center infrastructure, not only in this region, but also in the country.
The NCR campus is expected to be operational with its first data center before July 2022.
“It was a very natural choice for us to look at NCR to set up our third facility after Navi Mumbai and Chennai, given the growing needs of enterprises and intentions of hyperscale cloud service providers for expanding their availability zones in this region,” said Sunil Gupta, the Co-founder and CEO of Yotta Infrastructure.
Earlier in July 2020, Yotta Infrastructure launched NM1, the world’s second largest Tier IV data center in its Navi Mumbai data center park. The company had also announced its MoU with the Tamilnadu Government for setting up a campus in Chennai at an investment of approximately US$541 million (INR 4000 crore).
Previously, Yotta Infrastructure announced its intentions to invest US$469 million (INR 3,500 crore) on three data centers in Mumbai, Delhi and Chennai over the next two years.