Business

NTT India eyes data centres biz, to invest USD 1.5 bn in 3 yrs

NTT that has integrated its three India units into one entity from this January, is focusing more on the data centre space where it leads the market, getting three-fourths of the committed $2 billion capex, which will see it nearly double the capacity to 2.5 million sft, says a senior official of the Japanese technology services major.

migrator

Mumbai

NTT in India was created on January 1, 2021, by merging the three businesses -NTT India, NTT Communications India, and NTT-Netmagic under the leadership of Sharad Sanghi as the chief executive, following an announcement to this effect in last November. NTT had also announced a $2-billion capex to drive the data centres, networks and solar projects in the country over the next three years. Before the new role, Sanghi was chief executive of Global Data Centres and Cloud Infrastructure India, known more as NTT-Netmagic.

“Our focus will be the data centre space. We’re launching six more data centre parks over the next three years. Of them, currently three parks are under construction in Mumbai; and one each will be come up in Chennai, Delhi-NCR and Bengaluru. This will see us investing almost $1.5 bn of the committed $2 bn capex over the next three years, and will double our capacity to over 2.5 mn sft from 1.5 mn sft now,” Sanghi said.

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