RMZ, a real estate and investment group in India, has announced plans to expand its data centre capacity to between 2GW and 3GW within the next five years under a $35bn investment initiative, reported Reuters.
RMZ Infrastructure president Deepak Chhabria outlined these ambitions during a recent interview.
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The company currently operates data centres with a total capacity of 250MW. It is in advanced negotiations for three new projects, which would raise its total capacity to over 1GW, according to Chhabria.
RMZ also intends to acquire land by the end of this year that it says could support up to 2GW of additional capacity.
In April, RMZ disclosed plans to invest more than $35bn over the coming five years, with intentions to develop co-location data centres, AI factories, and to consider a potential public listing.
Strong demand for data storage and processing is driving investment in India’s digital infrastructure.
Major international technology companies and Indian business groups have announced significant spending on AI and data centre projects, making the country a competitive market for such capacity.
Chhabria said: “We are seeing only positive signs from some of the hyperscalers, and I think by the middle of this year, we will start ramping up capacity as we get clients signed up,” though he did not identify specific customers.
RMZ’s expansion plans encompass not just additional data centre capacity but also related business areas including graphics processing units (GPUs), software and power infrastructure.
Explaining this strategy, Chhabria added: “Now we will use that as a stepping stone eventually to go up the food chain and build the bottom layer of power.”
RMZ built its existing 250MW capacity in partnership with Colt Data Centre Services, a UK-based firm.
According to Chhabria, the partnership is exploring new opportunities for growth. The company currently operates across multiple Indian cities, including Mumbai, Bengaluru and Hyderabad.
