India's RMZ Group to Expand Data Center Capacity with $35 Billion Investment

BlockBeats News, June 19th, according to Reuters, India's diversified real estate and investment company RMZ plans to expand its data center capacity to 2 to 3 gigawatts over the next five years as part of its $35 billion investment plan, a senior executive of the company said.

Headquartered in Bangalore, RMZ currently has a capacity of 250 megawatts. Deepak Chhabria, President of RMZ's Infrastructure division, said in an interview that the company is currently in final-stage negotiations for three data center projects that, once completed, will increase the total capacity to over 1 gigawatt.

He also added that the company plans to acquire land by the end of this year that can support a future data center capacity of about 2 gigawatts.

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