Japan's NTT Says Planning Rs 2,000 Cr Investment In Bengal Data Centres
Japan’s NTT plans investing Rs 2,000 crore in three proposed data centres at the Bengal Silicon Valley Tech Hub in Kolkata.
“We plan to build three data centres here with a cumulative capacity of 25MW IT load; the first building will be on ground in 12-15 months,” said Shekhar Sharma, chief executive officer of NTT Global Data Centers & Cloud Infrastructure India and NTT Communications India.
At the ‘bhoomi puja’ of NTT Data Centre Campus at Silicon Valley, Sharma said the facility is the company’s humble start for an important milestone.
The campus on a 7.5-acre land would spread over 600,000 sq ft. The first data centre facility on the campus would be spread over 100,000 sq ft and have a capacity of 9MW facility load and 6 MW IT load, Sharma informed.
He added that India, at this point, was very important for NTT. “Our growth in the data centre market is the largest in India compared to any other country. In the next five years, we will see a lot of growth in India,” he said.
NTT’s existing data centre capacity in the country stands at 230 MW of operational load, spread over 2.1 million sq ft across 12 facilities in Mumbai, Bengaluru, Delhi NCR and Chennai.
“We will add 280 MW of operational load spread over 2.5 million square feet at our data centre campuses across the country in the coming two years,” Sharma said. The expansion is part of NTT’s $2 billion investment commitment to India.
NTT is expanding its data centre capacity to more than 1,500MW of critical IT load (including planned capacities) in more than 20 countries.
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more