Yotta Infrastructure, part of the Hiranandani group, plans to have an 800-1000 MW (megawatt) data centre capacity in India and overseas by 2030.
The average capital investment in data centre projects is around Rs 50 crore per MW.
The company has two data centre parks in Navi Mumbai and Greater Noida, and in the pipeline are projects in Calcutta, Chennai, Mumbai, Gift City — Gujarat and Dhaka.
The company also plans to explore markets in Oman, Dubai, Saudi Arabia, Bahrain, Vietnam, the Philippines, Thailand, and India’s neighbouring countries.
“The data centre capacity will totally depend on market dynamics. Our overall blueprint is 800-1000 MW,” Sunil Gupta, co-founder and CEO, Yotta Infrastructure, said on the sidelines of Infocom 2022.
“The idea is instead of going to the matured markets we should go to markets where there is a demand-supply imbalance,” said Gupta.
He said an investment of Rs 8,500 crore has been earmarked for the project at Uttarpara in Bengal.
The company has taken 100 acres of land where a data centre and logistics park are being set up. The project is expected to be commissioned by 2025 and the data centre capacity could be around 160 MW.
With data localisation gaining momentum, the company also plans to develop its own cloud services in a bid to attract business from the government and Indian unicorns.
"Besides building multiple large-scale and edge data centres in the country, we are also developing our own cloud (services) so that not only our data is hosted in India but the underlying IP is also owned by Indians," said Gupta.
He added that the company has been working on it for the last 12 months and by March-April 2023 it hopes to come up with the beta version of the same.