Reliance Industries enters JV for Indian data centers with Digital Realty, Brookfield Infrastructure
Digital Realty has entered a three-way joint venture with Brookfield Infrastructure and Reliance Industries (RIL) to develop high-quality, highly connected scalable data centers to meet the critical infrastructure needs of enterprises and digital services companies in India.
The new joint venture will operate under the brand name Digital Connexion: A Brookfield, Jio and Digital Realty Company. It succeeds and builds on the strong foundation laid by BAM Digital Realty by including RIL, India's largest private sector company, which has enabled and led India's digital transformation through Jio as a partner. Each partner will own one-third of the joint venture. Digital Connexion expects to initially execute on the development of data center campuses on existing strategic land parcels it owns in Chennai and Mumbai.
India represents a key market opportunity for Digital Realty to extend coverage, capacity and connectivity options to cloud providers, hyperscalers and both l