UP gears up for data centre revolution with Jewar Airport proximity
04 Oct 2023
2 Min Read
CW Team
The Uttar Pradesh government is aiming to generate over Rs 3 billion through the auction of five plots designated for data centres near the upcoming Jewar airport. These plots are part of a larger 100-acre data centre park project overseen by the state government-run Yamuna Expressway Industrial Development Authority (Yeida).
The state government of Uttar Pradesh plans to establish three data centre parks, expecting investments totalling Rs 200 billion. The Jewar facility is the inaugural project among these planned centres.
Vivek Dahiya, Managing Director & Head of Asia Pacific Data Centre Advisory Team at Cushman & Wakefield, commented on the overdue growth in the Indian data centre market, especially in Noida, a popular destination for data centre development. He highlighted that the state government's proactive approach is likely to accelerate the sector's expansion.
The auction includes five plots: three of 20,000 square meters, one of 40,000 square meters, and another of 1,25,660 square meters.
Amit Sarin, Managing Director at real estate developer Anant Raj, noted the positive steps taken by the Government of India to safeguard Indian data, emphasising the expected substantial increase in sector investments in the coming years. Data storage needs are projected to exceed 2,000 MW IT load capacity by fiscal year 2025.
In addition to the financial incentives, the UP government highlighted the strategic advantages of the Yeida data centre park's location, including proximity to the upcoming Jewar airport, International Film City, Yamuna Expressway, and Buddha Circuit. Industrial units established in this area will benefit from enhanced connectivity and the planned pod transit system, among other advantages.
The Uttar Pradesh government is aiming to generate over Rs 3 billion through the auction of five plots designated for data centres near the upcoming Jewar airport. These plots are part of a larger 100-acre data centre park project overseen by the state government-run Yamuna Expressway Industrial Development Authority (Yeida).
The state government of Uttar Pradesh plans to establish three data centre parks, expecting investments totalling Rs 200 billion. The Jewar facility is the inaugural project among these planned centres.
Vivek Dahiya, Managing Director & Head of Asia Pacific Data Centre Advisory Team at Cushman & Wakefield, commented on the overdue growth in the Indian data centre market, especially in Noida, a popular destination for data centre development. He highlighted that the state government's proactive approach is likely to accelerate the sector's expansion.
The auction includes five plots: three of 20,000 square meters, one of 40,000 square meters, and another of 1,25,660 square meters.
Amit Sarin, Managing Director at real estate developer Anant Raj, noted the positive steps taken by the Government of India to safeguard Indian data, emphasising the expected substantial increase in sector investments in the coming years. Data storage needs are projected to exceed 2,000 MW IT load capacity by fiscal year 2025.
In addition to the financial incentives, the UP government highlighted the strategic advantages of the Yeida data centre park's location, including proximity to the upcoming Jewar airport, International Film City, Yamuna Expressway, and Buddha Circuit. Industrial units established in this area will benefit from enhanced connectivity and the planned pod transit system, among other advantages.
Next Story
RentenPe and Mygate Partner to Transform Rent Payments in India
Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India鈥檚 first Rent Credit Score鈩� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe鈥檚 payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..
Next Story
Supreme Unveils New Brand Identity to Elevate Lifestyle
Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group鈥檚 refreshed vision to 鈥楨levate Lifestyle鈥�. This brand transformation represents more than a visual refresh鈥攊t marks a strategic shift in the company鈥檚 mission, visual identity and market positioning. The update will be visible across all of Supreme鈥檚 digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..
Next Story
Capri Loans Launches #TarrakiKeHaath Campaign Honouring India鈥檚 Everyday Heroes
Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India 鈥� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans鈥� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat鈥檚 economy. Conceptualized by Rediffusion Brand Solutions, the..
