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Investors - OCTOBER 29, 2019

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Adani partners with Digital Realty to set up data centers in India

by Andrea Zander

Adani, an Indian conglomerate with interests in coal mining and renewable energy, has partnered with U.S.-based Digital Realty to develop and operate data centers, data center parks and evaluate undersea cable providers across India.

“With strong growth of India’s data economy, building up its data center infrastructure will be a critical need for the country's digital enablement vision,” the two companies in a joint statement said.

Adani said building up data center infrastructure is critical for India to keep up with the country’s digital growth.

In January, Adani confirmed an INR 700 billion ($9.9 billion) data center investment initiative based on a memorandum of understanding signed with the state government of Andhra Pradesh in southeastern India. The capital will be invested over the next 20 years.

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