Mumbai, NFAPost: Leading telecom player Bharti Airtel announced that its subsidiary Nxtra Data Limited has signed a Memorandum of Understanding (MoU) with the Maharashtra Industrial Development Corporation for setting up two new data centre campuses in the state. The new facilities will come up at Mumbai and Pune respectively.
The development comes at a time when India is witnessing massive demand surge for data centres as there is massive growth in data usage and there is a digital transformation is happening in government and private companies.
Nxtra by Airtel offers secure data centre services to leading Indian and global enterprises, hyperscalers, start-ups, SMEs and governments. Nxtra’s nation-wide portfolio of 10 large data centres and more than 120 edge data centres provide customers with co-location services, cloud infrastructure, managed hosting, data backup, disaster recovery, and remote infrastructure management.
The company already operates two large data centres in Maharashtra. In addition, it has multiple Edge data centres across Mumbai, Navi Mumbai, Thane, Pune, Nagpur & Kolhapur.
India is witnessing a considerable surge in demand for secure data centres driven by digital transformation of businesses, consumer demand for digital services, and data localisation requirements. Recently, The Caryle Group through its entities announced an investment of $235 million for a 25% stake in Nxtra at a post money valuation of $1.2 billion. Nxtra will use the proceeds from this transaction to continue scaling up its infrastructure and offerings across India.
Commenting on the development, Nxtra Data Chief Executive Officer Rajesh Tapadia said the company is on a mission to support the growth of India’s digital ecosystem with state-of-the-art and highly secure data centre infrastructure.
“We are delighted to add to our footprint in Maharashtra as part of our nationwide expansion plans to serve the evolving requirements of digital India,” said Nxtra Data Chief Executive Officer Rajesh Tapadia.