Bharti Airtel Group on Wednesday announced that it will be investing Rs 2,000 crore for setting up a large hyperscale data centre in Hyderabad.
The announcement was made at the Telangana Lounge at Davos, Switzerland in the presence of Telangana Minister for IT and Industries K T Rama Rao, Principal Secretary for Industries Jayesh Ranjan, and the Group's founder-chairman Sunil Bharti Mittal, an official release said.
The release added that the Bharti Airtel Group, through its data centre arm, Nxtra Data Centers, will invest the amount as capital investment for the infrastructure which will further attract investments from their customers.
For the first phase, the facility in the Hyderabad will be a hyperscale data centre with a capacity of 60 megawatts (MW) of IT load, and will incorporate the latest technologies in cooling and security.
The project is estimated to be deployed in the next five to seven years, it further said.
"I am very happy to see Airtel-Nxtra Data Centers invest in Telangana. Hyderabad is now the hub for Hyperscale Data Centers in India and Airtel's investment adds to the pace we look to keep up," said Rama Rao.
Sunil Bharti Mittal, Founder and Chairman, Bharti Airtel Group said, "This is one of our biggest greenfield Data Center projects in India and we are happy to be working with Telangana."
"We will work closely with Telangana to increase our footprint in the state in other portfolios of our business as well," Mittal added.