Blackstone, in collaboration with Panchshil Realty, has announced an investment of Rs 20,000 crore to develop India’s largest hyperscale data centre in Navi Mumbai. 

This 500 MW facility, spanning 14 buildings across 3 million sq ft, will be powered by up to 65% renewable energy, setting a new benchmark in sustainable digital infrastructure.

This project represents the first major Foreign Direct Investment (FDI) post-Blackstone’s agreement with the Maharashtra government at Davos. 

It underscores the firm’s commitment to India’s digital expansion, aligning with the country’s vision of becoming a global hub for cloud computing, artificial intelligence, and high-performance computing infrastructure.

Panchshil Realty’s subsidiary, Gramercy Info Park, has acquired nearly 50 acres of prime land adjacent to Reliance Corporate Park, reinforcing Navi Mumbai’s emergence as a data centre powerhouse. Given its strategic location and connectivity, the region is set to attract hyperscalers and global enterprises.