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Data Center News > Blog > Investments > Equinix Expands into Chennai With USD 65 Million Data Center Investment
Investments

Equinix Expands into Chennai With USD 65 Million Data Center Investment

Last updated: June 25, 2024 8:54 am
Published June 25, 2024
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Equinix Expands into Chennai With USD 65 Million Data Center Investment
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Equinix Expands into Chennai With USD 65 Million Data Center Investment
International digital infrastructure firm Equinix introduced the growth of its footprint in India with the institution of its first Worldwide Enterprise Trade (IBX) knowledge heart, CN1, in Chennai. This transfer aligns with India’s imaginative and prescient to change into a USD 1 trillion digital economic system by 2027-2028, Equinix mentioned in an announcement on Tuesday.

Additionally Learn: Equinix to Make investments USD 42 Million in New Mumbai Information Middle

Equinix CN1 Information Middle in Chennai

The CN1 knowledge heart, situated on almost 6 acres in Siruseri, Chennai’s tech hub, will open in This fall 2024 following an preliminary funding of USD 65 million. This facility goals to help enterprises and hyperscalers, together with AI deployments, fostering innovation and digital transformation in India, the corporate mentioned.

CN1 will likely be located in SIPCOT, Siruseri, 28 kilometers from Chennai’s Central Enterprise District and near future submarine cable touchdown websites. The four-story facility will finally home 4,950 cupboards, with the primary part offering 850 cupboards.

Equinix’s Growth

Equinix mentioned this growth into Chennai follows its latest launch of the MB4 knowledge heart in Mumbai and the upcoming MB3 facility, enhancing its digital infrastructure community in India. Equinix’s Mumbai knowledge facilities at the moment host over 300 firms, together with main cloud service suppliers comparable to AWS, Google Cloud, Microsoft Azure, and Oracle Cloud.

Additionally Learn: Equinix Inks Photo voltaic PPA With Sembcorp for Singapore Information Facilities

Manoj Paul, Managing Director, Equinix India, commented: “We’re witnessing India’s rising prominence as a pivotal knowledge heart hub in South Asia, pushed by sturdy curiosity from main world gamers trying to anchor and increase their operations right here, together with Indian enterprises increasing their digital infrastructure to help the expansion of one of many fastest-growing economies on the earth.”

See also  Zenlayer and Equinix partner to simplify edge deployment in Hong Kong

“Equinix has probably the most hyperconnected knowledge heart campus in Mumbai with the most important focus of cloud on-ramps, telecom service suppliers, Over-the-top (OTT) media service suppliers, web exchanges, and monetary ecosystems. The addition of our Chennai knowledge heart will additional prolong this ecosystem to clients in Chennai.”

“We’re grateful for the help we’ve obtained from the Industries and IT Division, Authorities of Tamil Nadu; SIPCOT; and Steering Tamil Nadu, which have facilitated our entry into the Chennai market,” Manoj added.

Additionally Learn: Equinix Plans USD 94 Million Funding in Third Rio de Janeiro Information Middle, Brazil

Sustainability and Renewable Vitality

Equinix says its amenities in India, together with the upcoming amenities in Chennai and Mumbai, CN1 and MB3, are anticipated to be one hundred pc powered by renewable power. The corporate goals to realize local weather neutrality by 2030, having already reached 96 % renewable power protection globally in 2023.

Equinix Presence

Globally, Equinix operates 260 knowledge facilities throughout 71 metros in 33 international locations. Within the Asia-Pacific area, Equinix at the moment has 56 knowledge facilities in key metros throughout Australia, China, Hong Kong, India, Japan, Korea, Malaysia, and Singapore.

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Equinix CN1 Information Middle in ChennaiEquinix’s GrowthSustainability and Renewable VitalityEquinix Presence
TAGGED: Center, Chennai, data, Equinix, expands, Investment, million, USD
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