Hiranandani Group set to develop industrial and data centre parks in West Bengal. The group has entered into an MoU (memorandum of understanding) in the state of West Bengal to set up logistics and hyperscale data center parks in the region. It has signed an MoU to acquire a 100-acre land at Uttarpara, Kolkata to set up an integrated logistics and hyperscale data center park by group companies GreenBase and Yotta respectively. The combined investment by the group and their customers is estimated to cross Rs 10,000 crore. GreenBase will develop 3 million square feet of industrial and warehousing space, while Yotta, Hiranandani’s hyperscale data centre division, will build six hyper connected data centre buildings bringing in 250MW of cutting edge data centre capacity over the next several years.
In 2020, Yotta inaugurated its Asia’s largest and World’s second-largest Uptime Institute Tier IV certified data center in Navi Mumbai. It has recently announced development of data centre parks in Greater Noida and Chennai. Greenbase is a joint venture (JV) between Hiranandani Group and global private equity firm Blackstone. It is developing industrial and logistics parks across Mumbai MMR region, Pune, Nashik, Chennai and Bengaluru with a plan to deliver 15 million sq ft of space Pan India in the next five years, having an investment outlay of $500 million.