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Real estate developer Anant Raj has announced plans to invest INR 250 billion in Haryana to strengthen its data centre and cloud services business. The company has signed an agreement with the Haryana Enterprises Promotion Centre to support the development of digital infrastructure in the state. The investment comes as demand for data storage, cloud computing and digital services continues to rise across India. The initiative aligns with Haryana’s industrial growth strategy and follows Anant Raj’s recent consideration of separating its data centre operations from its core real estate business.
Anant Raj has announced plans to invest INR 250 billion (USD 2.6 billion) in the development of data centres and cloud services in Haryana, marking a significant expansion of the company's digital infrastructure business beyond its traditional real estate operations.
The New Delhi-based real estate developer has entered into a memorandum of understanding (MoU) with the Haryana Enterprises Promotion Centre, a state government agency responsible for facilitating investments and industrial development. Under the agreement, the company and the state government will work together to support the growth of data centre and cloud infrastructure across Haryana.
The company stated that the MoU is intended to promote investment in digital infrastructure and accelerate the development of data centre and cloud services in the state. As part of the arrangement, Anant Raj will expand its operations in the sector, while the Haryana government will support the project through measures aimed at improving the ease of doing business.
The investment comes at a time when India's data centre sector is witnessing rapid growth, driven by increasing digital adoption, cloud computing demand, artificial intelligence applications and data localisation requirements. According to consulting firm IMARC Group, the Indian data centre market, valued at USD 5.55 billion in 2025, is expected to grow to USD 13.11 billion by 2034.
The partnership is also aligned with the Haryana government's Make in Haryana Policy, which seeks to attract investments, strengthen industrial infrastructure and generate employment opportunities across the state.
The announcement follows developments from the previous month when Anant Raj disclosed that it was evaluating the demerger of its data centre services business from its real estate operations. The proposed move reflects the company's increasing focus on digital infrastructure as a separate growth vertical. Over the past few years, the company has steadily expanded its presence in the data centre segment, positioning itself to benefit from the growing demand for digital storage and cloud-based services in India.
Source Reuters
5th Jun, 2025
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