Hiranandani Group announced its foray into the data centre parks business.
By Abhay Shah, Realty Quarter
On 18 July 2019, Hiranandani Group, together with the new business venture Yotta Infrastructure, announced its foray to data centre parks. The first stage of operations in Chennai and Panvel (Mumbai) is scheduled to begin with Hiranandani projects. A 100% subsidiary of the Hiranandani Group and Yotta will deliver hyper-density, hyper-scalable data centre and co-location solutions to enterprises supported by managed IT, hybrid multi-cloud and security services, according to a publication.
In the Data Center Parks, the size of the server hall will be more than 60,000 racks and 500 MW power that will be stretched over 50 acres close to significant international fibre landing centres.
Niranjan Hiranandani, founder and CEO of Hiranandani Group said about the new project: “The Digital India program is one of the main components of India’s strategy of the Prime Minister to develop a 5 trillion dollars economy by 2025. With the data localization and privacy law that the government of India will announce shortly, we are planning an enormous chance to regulate the data management company. This will provide the data storage business with a great boost for rapid domestic growth, thus giving the Indian economy a paradigm shift.
Sunil Gupta, CEO and Managing Partner, commented on the launch of the Yotta project: “The increase in IoT and big data technologies will lead to vast volumes of data in complicated formats that are going to require huge data centre facilities. The Hiranandani Group is at the right time. We shall give OTT players like Google, AWS, Microsoft, Alibaba, Tencent, Netflix, Facebook, Apple and others, practically limitless scalability of the co-location space and energy in our data centre parks for clusters/zones of their cloud availability and improvement in operational management.