RMZ Digital Infrastructure Partners (RDIP), the investment arm of RMZ, has entered into a joint venture with Colt Data Centre Services (Colt DCS) to invest USD 1.7 billion into the data centre industry in India. The oulay will be spread over the next three to five years.

The equal JV will focus on developing hyperscale data centres in strategic locations, starting with existing sites in Navi Mumbai and Ambattur, Chennai. 

A third site, potentially in Pune or Hyderabad, is under consideration, with plans to expand to other major Indian cities. The initiative will create data centres with a combined capacity of 250 MW upon completion.

Globally, Colt DCS aims to increase its data centre capacity to one GW within five years. 

CEO of RMZ Infrastructure, Deepak Chhabria, said,“We are witnessing an extraordinary shift in the data centre landscape, driven by the accelerating demands of cloud adoption and the AI revolution. Colt DCS' commitment to operational excellence and innovation complements our mission to build state-of-the-art facilities that meet the evolving needs of sectors such as banking, financial services, and media.”