India to benefit from billion-dollar investment by Mantra Data Centres

Mantra Data Centres (MDC) has announced significant investment plans across India. They will design, build and operate state-of-the-art data centre facilities with an initial IT load of 20MW in each of the key data hubs, Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata.

The total addressable Indian data centre market is estimated to surpass $8.5 Billion by 2023 with an increasing share of third party data centres. Global investment in data centres has escalated to approximately $100 Billion, with India benefiting as the largest single market outside the USA.

“MDC is very well positioned for success in this growing market, with a strong management team, green sourced energy, 1st in-class stakeholders, on-time delivery and the right locations to create a network of tier III and IV data centres across India,” Jaan M. Chainani, Co-Founder and managing director of MDC, said. “Our aim is to help our customers grow seamlessly in the midst of the digitalisation of India.”

With a population of over 1.3 Billion, India’s digital growth has been fuelled by digitisation programmes by the Government, internet penetration, increased adoption of cloud, IoT, growing use cases for Augmented / Virtual Reality and Artificial Intelligence and the roll-out of 5G.

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