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Home / Business / NTT Ltd looking to invest $2 billion in India

NTT Ltd looking to invest $2 billion in India

The company on Wednesday said it planned to double its data centre capacity in the country over the next two to three years
NTT building in Sapporo, Japan.

A Staff Reporter   |   Calcutta   |   Published 01.10.20, 04:43 AM

NTT Ltd, London-based technology and service provider, is looking to invest $2 billion over the next 4-5 years in India to scale up its data centre capacity and put in place supporting infrastructure such as solar power units and laying under-sea cables connecting Singapore, Myanmar and India.

The company on Wednesday said it planned to double its data centre capacity in the country over the next two to three years. At present, it has 10 data centres across Mumbai, Bangalore, Noida and Chennai covering 1.5 million square feet.

“We have data center parks in Mumbai and we have land in Chennai, Noida and our Bangalore campus for further expansion. The company’s new Solapur plant is aimed at meeting 83 per cent of the power needs by the Mumbai data centres,” said Sharad Sanghi, CEO, global data centres and cloud infrastructure of NTT Ltd in India.

“India has been a key market for NTT Ltd’s data centre portfolio. Organisations today demand an ever expanding global platform to reach their growing digital business objectives. That’s why we continue to expand our portfolio,” said Masaaki Moribayashi, senior executive vice-president (services) of NTT Ltd.

Nelco, Telesat tie up

Tata group company Nelco has entered into a pact with global satellite operator Telesat to bring LEO satellite network to India, according to a statement.

Nelco and Telesat will collaborate on terrestrial facilities, commercial distribution and regulatory frameworks to offer Telesat LEO satellite connectivity in India.

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