Fidelity-backed Colt DCS and RMZ to Setup $1 Bn Joint Platform for Data Centres in India

Global provider of hyperscale and large enterprise data centre solutions, Colt Data Centre Services (DCS), which is backed by Fidelity Investments, is in advanced talks with RMZ Corp to jointly invest over $1 billion in developing data centres across key Indian cities, starting with Mumbai and Chennai.

The joint platform plans to set up data centres in Mumbai and Chennai. Colt is planning a 125-130 MW data centre in Navi Mumbai and a 100 MW centre in Chennai.

India's digitization surge is driving significant global investments in the data centre market. Colt DCS and RMZ collaboration is expected to enhance India's digital infrastructure and support the growing demand for data centres in the region

Colt DCS will bring its extensive global experience in data development and management, while RMZ will contribute its construction and execution capabilities.

Colt DCS launched its first data centre in India in September last year, in Navi Mumbai. The flagship Navi Mumbai data centre marked Colt DCS’ strategic expansion and commitment to supporting the increasing demand of hyperscale cloud service providers and large enterprises businesses in the fast-growing Indian data centre market.

RMZ Corp is a privately-owned global alternative asset owner headquartered in Bengaluru, Karnataka, India. Founded in 2002 by Arjun Menda and his sons, Raj and Manoj Menda, RMZ Corp specializes in commercial offices, industrial parks, software technology parks, and special economic zones (SEZS).

RMZ has has expertise in real estate, infrastructure, utilities, data, energy, and people.

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