Hiranandani Grp to set up industrial park in West Bengal, to invest over Rs 10000 cr
Diversified Hiranandani Group has entered into an agreement with the West Bengal government to set up logistics and hyperscale data center park in the region at an investment of over Rs 10000 crore. The group has signed a memorandum of understanding to acquire a 100-acre land parcel at Uttarpara, Kolkata to set up an integrated
Diversified Hiranandani Group has entered into an agreement with the West Bengal government to set up logistics and hyperscale data center park in the region at an investment of over Rs 10000 crore.
The group has signed a memorandum of understanding to acquire a 100-acre land parcel at Uttarpara, Kolkata to set up an integrated logistics and hyperscale data center park by Hiranandani Group companies GreenBase and Yotta, respectively.
“The combined investment by the group and their customers is estimated to cross Rs 10,000 crore,” the company said.
GreenBase will deliver a modern and self-sustainable ecosystem consisting of 3-million sqft of industrial and warehousing space along with essential utilities and support infrastructure built to international standards while Yotta, Hiranandani's hyperscale data centre division will see a development of 6 hyper connected data centre buildings bringing in 250MW of cutting edge data centre capacity over the next several years to the state.
“West Bengal is the gateway to the east. It is an ideal hub for logistics and industrial development with excellent road, rail and riverine connectivity. Simultaneously, the data centre business will benefit from the digitization revolution, the upcoming Silicon Valley at New Town at Rajarhat and excellent fibre connectivity on land and the new submarine cable coming up at Tajpur. By setting up a data center park in Kolkata, we will not only serve the customers of the state but the entire eastern region including neighbouring countries,” Darshan Hiranandani, Group CEO- Hiranandani Group said.
He further said that Greenbase Industrial & Logistics Park will not just help manufacturing and warehousing units build last mile connectivity, it will also give a huge boost to development of the logistics sector and create employment opportunities for the region.
In 2020, Yotta inaugurated its Asia's largest and world's second-largest Uptime Institute Tier IV certified data center in Navi Mumbai. The company is also announced the development of data center parks in Greater Noida and Chennai.
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