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RMZ is planning a major expansion of its data centre business, targeting 2–3 gigawatts (GW) of capacity over the next five years as part of its USD 35 billion investment programme. The company is currently in advanced discussions for three new projects that could take its capacity beyond 1 GW. Alongside developing data centres and AI infrastructure, RMZ is also looking at opportunities in power infrastructure, GPUs and software. The move comes as India continues to attract significant investments into data centres, cloud computing and artificial intelligence infrastructure.
Real estate and investment firm RMZ is preparing to significantly expand its data centre footprint, with plans to increase capacity to between 2 GW and 3 GW over the next five years under its USD 35 billion investment strategy.
The Bengaluru-based company currently operates around 250 megawatts (MW) of data centre capacity and is in the final stages of discussions for three new projects. According to Deepak Chhabria, President of RMZ Infrastructure, these projects are expected to increase the company's total capacity to more than 1 GW.
The company is also planning to acquire additional land before the end of the year to support a further 2 GW of future data centre capacity. The proposed expansion forms part of RMZ's broader plan announced earlier this year to invest over USD 35 billion in co-location data centres, artificial intelligence factories and other digital infrastructure assets. The company has also indicated that a potential initial public offering remains under consideration as part of its long-term growth strategy.
India has emerged as one of the fastest-growing markets for data centres and AI infrastructure, driven by rising demand from cloud service providers, technology companies and digital businesses. Several global technology firms and Indian conglomerates have already committed billions of dollars towards building computing infrastructure across the country. Industry estimates indicate that India's digital infrastructure ecosystem, including data centres, cloud services and AI-related investments, could attract more than USD 50 billion in planned investments over the coming years.
Chhabria indicated that the company continues to see encouraging demand from hyperscale clients and expects capacity expansion to accelerate as customer agreements are finalised. While specific clients were not disclosed, he noted that market demand remains strong.
Beyond data centres, RMZ views the expansion as an entry point into related segments such as graphics processing units (GPUs), software platforms and power infrastructure. The company is looking to strengthen its presence across the wider digital infrastructure value chain that supports AI and cloud computing operations.
RMZ's existing 250 MW data centre capacity was developed through a joint venture with Colt Data Centre Services. The company said both partners are continuing to explore future growth opportunities as demand for digital infrastructure increases across India.
India's data centre market has witnessed steady growth over the past few years, supported by rapid digitalisation, increasing cloud adoption, data localisation requirements and rising artificial intelligence workloads. Major cities such as Mumbai, Bengaluru, Hyderabad and Chennai have emerged as key hubs for large-scale data centre developments, attracting investments from both domestic and international operators.
Source Reuters
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