RMZ, a privately-owned global alternative asset firm, through its arm RMZ Digital Infrastructure Partners (RDIP), has formed a joint venture with Colt Data Centre Services (Colt DCS), a global hyperscale data centre operator, to enter the digital infrastructure market.
The two companies will invest $1.7 billion to expand Colt’s data centre capacity. The initial focus will be on accelerating development at existing sites in Navi Mumbai and Ambattur, Chennai, with a third site to be added in the future. Upon completion of all phases, the combined data centre capacity is expected to reach approximately 250 megawatts, the companies said.
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Speaking to FE, Niclas Sanfridsson, chief executive officer, Colt DCS, said: “In terms of our expansion, India remains a strategic country of focus and key in terms of delivering against our aggressive growth strategy. Colt DCS has a proven track record, working with the world’s largest hyperscale cloud providers and multi-national companies.”
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Colt DCS has 25 years of experience in developing and operating data centres in tier 1 markets across Europe, Japan, and India, with a focus on sustainably designed infrastructure for global hyperscale customers.
The joint venture will accelerate the delivery of new capacity for customers in India. RMZ brings 20 years of experience in developing, owning, and operating infrastructure in rapidly growing Indian markets. It will also leverage RMZ’s long-term relationships with supply chain partners and Fortune India 500 customers, the joint press statement added.
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“We are witnessing an extraordinary shift in the data centre landscape, driven by the accelerating demands of cloud adoption and the AI revolution. This is our opportunity to shape the future of data infrastructure in India, and we are ready to rise to the challenge,” Deepak Chhabria, CEO, RMZ Infrastructure added.
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