Airtel to invest Rs 5,000 crore to grow data center business
Communications solutions provider Bharti Airtel on Thursday said it plans to invest Rs 5,000 crore to expand its data center network. Accordingly, the investment will include setting up of new data center parks in major metro cities. In addition, the company unveiled a refreshed brand identity for its data center business ‘Nxtry Airtel’.
“With changes in regulations surrounding 5G, a rapidly growing digital economy, cloud and local data storage, India continues to see a strong demand for reliable data center solutions,” the company said in a statement.
The Indian data center industry is expected to double its installed capacity from about 450 MW to 1,074 MW by 2023.
According to Ajay Chitkara, Director and CEO, Airtel Business: “Airtel has built the largest data center network in India and we are now doubling down on this business to grow our network which will be at the core of 5G and Digital India. “
“Our experience operating secure data centers, deep brand trust in the enterprise segment and ability to deliver end-to-end digital transformation solutions position us well to meet the evolving needs of India’s connected economy. Brand New Identity embodies this vision and ambition.”
Currently, Airtel’s ‘Nxtra’ has the largest network of data centers in India. Presently, it operates 10 large and 120 edge data centers located across India and manages important submarine landing stations. It provides secure and scalable integrated solutions to global hyperscalers, large Indian enterprises, startups, SMEs and governments.
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