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Data centre provider Princeton Digital Group (PDG) Thursday said it has earmarked about $1 billion (Rs 8,360 crore) for India as part of a $5 billion investment plan to set up 500 MW AI-ready data centres in Asia. The fresh investment will boost its total capacity to 230 MW in Mumbai and Chennai from the current 50 MW. “India is well positioned to be a global AI leader, and we are determined to play an important role in making that happen.
As one of the fastest growing data centre operators, our $1 billion investment in India is testament to our deep commitment to the country’s AI and cloud ecosystems,” Rangu Salgame, chairman, CEO and cofounder, PDG said in a statement. “By adding three new buildings in Mumbai and by entering Chennai, we are significantly enhancing our hyperscale AI-ready infrastructure footprint in the country," he said. According to PDG, its flagship MU1 data centre will become one of the largest operational campuses in Mumbai with the addition of the three new buildings that will triple the existing capacity to 150 MW.
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It will be built over 9.3 acres with scalability for future expansion. “Mumbai and Chennai have been the pre-eminent hubs for cloud infrastructure in India due the combination of submarine cable landing proximity, high-quality power supply, availability of renewable energy and robust infrastructure development.
With the advent of AI in India, both locations are well-positioned to become leading AI infrastructure hubs as well,” said Vipin Shirsat, managing director of PDG India. PDG’s expansion strategy for Asia entails increasing capacity and presence in India, Indonesia and Malaysia..
