Hiranandani Group to pump in Rs 10000 crore for industrial, logistics data centre park in WB
February 16, 2021: Hiranandani Group, has entered into a Memorandum of Understanding in West Bengal to set up an industrial, logistics and hyper-scale data centre park in the region.
February 16, 2021: The Mumbai-based diversified conglomerate, Hiranandani Group, has entered into a Memorandum of Understanding in West Bengal to set up an industrial, logistics and hyper-scale data centre park in the region. The combined investment by the group and their customers is estimated to cross Rs 10,000 crore.
The group has signed an MoU with Hindustan Motors to acquire a 100-acre land at Uttarpara, Kolkata, to set up an integrated logistics and hyper-scale data centre park by Hiranandani Group companies GreenBase and Yotta respectively, the company said in a statement. The combined investment by the group and their customers is estimated to cross Rs 10,000 crore, the company said in a statement.
GreenBase will deliver 3 million sq feet of industrial and warehousing space along with essential utilities and support infrastructure built to international standards. Yotta, Hiranandani’s hyper-scale data centre division, will see a development of 6 hyperconnected data centre buildings bringing in 250MW of cutting edge data centre capacity over the next several years to the state.
“Kicking off this project would not have been possible without the tremendous support of the Government of West Bengal under the leadership of chief minister Mamta Banerjee. West Bengal is the gateway to the east. It is an ideal hub for logistics and industrial development with excellent road, rail and riverine connectivity,” said Darshan Hiranandani, Group CEO, Hiranandani Group.
“Simultaneously, the data centre business will benefit from the digitisation revolution, the upcoming Silicon Valley at New Town at Rajarhat and excellent fibre connectivity on land and the new submarine cable coming up at Tajpur,” he said.