March 2021 \ Business & Investment \ INVESTMENT AND REAL ESTATE
Hiranandani to invest in Bengal

Diversified conglomerate Hiranandani Group ...

  • Mr Darshan Hiranandani

Diversified conglomerate Hiranandani Group will set up logistics and hyperscale data centre park in West Bengal. The group has signed an MoU to acquire a 100-acre land at Uttarpara, Kolkata from Hindustan Motors to set up an integrated logistics and hyperscale data centre park by Hiranandani Group’s companies GreenBase and Yotta, respectively. The combined investment by the group and their customers is estimated to cross Rs 10,000 crore.

“Greenbase will deliver a modern and self-sustainable ecosystem consisting of 3-million square feet of industrial and warehousing space along with essential utilities and support infrastructure built to international standards. Yotta, Hiranandani’s hyperscale data centre division, will see a development of 6 hyper connected data centre buildings bringing in 250MW of cutting edge data centre capacity over the next several years to the state,” said a company statement.