Mumbai based Hiranandani group’s data centre arm Yotta Infrastructure will invest around Rs 5,000 cr over the next 3 yrs to capture about 25% of the market by end of FY 2025. Hiranandani group founder and chairman Niranjan Hiranandani, in an interview, said that the company is developing industrial, logistics/warehousing parks through a joint platform with Blackstone with an investment of Rs 3,500 cr over the next three years.
Yotta Infrastructure will invest around Rs 7000 cr to set up a 20-acre hyperscale datacenter park in the Greater Noida in Uttar Pradesh and part of National Capital Region. The facility will have six interconnected datacenters, offering 30,000 racks capacity and 200 MW of power. The project will begin by Dec 2020 and will start operation by mid-2022. It will be Yotta’s third such facility after and Chennai and world’s 2nd largest Tier IV datacenter in its Navi Mumbai.
Yotta Infrastructure, a subsidiary of Hiranandani Group, opened its largest data centre NM1– 7200 racks and 50MW of power with 48-hour backup — at Mumbai’s Panvel data centre park.
The new data centre will be into one of the five buildings of the 18-acre park. Once fully functional the park will have a combined capacity of 30,000 racks and 210 MW power. Yotta claimed that NM1 offers the lowest cost per racks in the industry.