Telecom sector giant Bharti Airtel will invest Rs 5 thousand crore to increase the capacity of its new business of data center three times. This investment will be made over a period of next three to four years. Apart from this, Airtel will also increase the capacity of the data center through Nxtra by Airtel. Nxtra by Airtel is a unit of the telecom company Airtel, whose main focus is on the data center business. Airtel believes that the data setter business will become a market of $ 4 billion (Rs 29.7 thousand crore) in the coming four years. Nxtra currently operates 10 large and 120 edge data centers located across the country.
The company says that there is a plan to increase the data center business to meet the needs of the fast growing digital economy of the country. The giant telecom company will invest Rs 5 thousand crore by the year 2025 and under this new data center parks will also be started in major metro cities of the country. With this investment, the capacity of Nxtra by Airtel will exceed 400 MW.
Stock Tips: Golden Chance Of Great Profits In These Two Stocks, 17800 Level Is Important For Nifty
Apart from India, neighboring countries will also get benefit
Under this proposed investment of Airtel, 7 additional hyperscale data center campuses will also be added. The company’s plan to increase capacity will not only meet the growing demand in India, but it will also make it possible to meet the demand of other neighboring countries including Bangladesh, Nepal. According to Airtel, cloud adoption, growing economy and increasing use of internet, government policies and 5G technology are the major factors driving the demand for data centers.
India may become a data hub in the coming years
According to Ajay Chitkara, Director and CEO, Airtel Business, India can become a data hub in the coming years and work can be found in India from SAARC countries, that is, workload from SAARC countries can move towards India. Data centers consume a lot of energy, due to which Airtel believes that smaller Asian countries can shift workloads towards India. Airtel already has customers from other Asian countries. In order to minimize carbon emissions, Airtel is planning to run 50 percent of its units on green power.
(Article: Kshitij Bhargava)
Get Business News ,, latest India News ,, and other breaking news on share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for latest financial news and share market updates.
.