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TCS announces 1-GW data centre plan with USD 6.5 bln investment
Tata Consultancy Services is set to invest over USD 6.5 billion in building up to 1 GW of data centre capacity in India, marking a significant expansion into the tech infrastructure sector.
- On October 9, Tata Consultancy Services announced a plan to invest over USD 6.5 billion to develop data centres with a total capacity of up to 1 GW in India.
- The investment will involve partial equity contributions from financial investors, indicating strong market interest in the data infrastructure sector.
- This initiative reflects Tata Consultancy Services strategy to leverage the growing demand for data storage and processing solutions amid Indias digital transformation.
Why It Matters
This substantial investment by Tata Consultancy Services highlights the increasing importance of data centres in Indias tech landscape, responding to the countrys burgeoning digital economy and the global shift towards cloud computing solutions.