Monday, December 23, 2024

Anant Raj signs MoU with Google for data center business

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Anant Raj Cloud Pvt. Ltd, a wholly owned subsidiary of New Delhi-based realty developer Anant Raj has entered into an agreement with Google LLC, a global technology leader.

Under this collaboration, the company will be responsible for providing data center infrastructure, DC managed services, and cloud platform to various public and private enterprises.

It will also be developing innovative technological solutions for potential customers.

In addition, it will be assisting customers in developing purpose-built AI-infused solutions for data infrastructure, productivity, and security.

Anant Raj Cloud Pvt. Ltd is developing data centers of 300 MW of IT Load at Manesar, Rai and Panchkula. The initial phase at Manesar is ready.

Industry experts are projecting a demand for approximately 20 million square feet of datacenter space across key cities within the next 4–5 years.The company holds 1.2 million square feet in Manesar on a 10-acre site, 2.1 million square feet on a 25-acre plot in Rai (with the possibility of doubling capacity), and 5 lakh square feet on a 10-acre land in Panchkula (with expansion options).India is witnessing robust growth in the datacentre market as it is the second-fastest-growing digital economy in the world. Cloud spending is expected to grow at a CAGR of 30%.

The Indian data centre market witnessed transactions of over 500 acres of land for datacentre developments across the country, of which 45% were in Mumbai, followed by Hyderabad at 26% and Pune at 14%.

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