India’s RMZ Group will expand data center capacity with an investment of $35 billion.

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BlockBeats News, June 19, according to Reuters, Indian diversified real estate and investment company RMZ plans to expand its data center capacity to 2 to 3 gigawatts over the next five years as part of its $35 billion investment plan, a senior executive of the company said.

Headquartered in Bengaluru, RMZ currently has a capacity of 250 megawatts. Deepak Chhabria, President of RMZ Infrastructure, said in an interview that the company is currently in the final stages of negotiations for three data center projects, and upon completion, the total capacity will rise to more than 1 gigawatt.

He also added that the company plans to acquire land by the end of this year, which in the future can support approximately 2 gigawatts of data center capacity.

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