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HYPERSCALE DATA CENTRE

Indian firm to invest over Tk2,000cr in Dhaka

Staff Correspondent
09 Feb 2023 16:00:22 | Update: 09 Feb 2023 16:42:32
Indian firm to invest over Tk2,000cr in Dhaka
— Courtesy Photo

Yotta Data Services, the data centre and cloud services arm of Indian business conglomerate Hiranandani Group, has announced an investment of over Tk 2,000 crore to develop a hyperscale data centre park in Dhaka in the next four to six years.

The investment is part of Yotta’s overseas expansion, which strongly focuses on neighbouring countries, including Bangladesh, one of the forerunners in digital transformation in the region, according to a press release.

Yotta’s Dhaka Data Center Park, situated in the Bangabandhu Hi-Tech City, Kaliakair in Gazipur, will house two hyperscale data centre buildings, featuring 4,800 racks and 28.8MW IT power capacity.

Slated to go live with the first data centre building in FY24, the park will bolster the country’s digital transformation efforts, serving as the digital backbone of businesses and a catalyst for “Digital Bangladesh,” the government’s flagship initiative.

“Being a new-age digital transformation enabler, Yotta helps businesses and governments take giant leaps, and we have been successfully demonstrating this in our homeland, one of the world’s largest economies,” said Sunil Gupta, CEO of Yotta Data Services.

“Realising the exponential potential of Bangladesh and its emerging leadership in digital transformation, we are excited to bring our industry-acclaimed and trusted capabilities to the country to fuel its digital revolution,” added Sunil, also the co-founder of the firm.

He continued, “Data proliferation and adoption of new digital platforms is churning the need for a strong infrastructure backbone in Bangladesh.

“Yotta’s Dhaka Data Center Park will not just ensure that businesses in the region gain access to state-of-the-art data centre infrastructure, but also transform themselves with our proven suite of digital transformation solutions, thus inching closer towards the vision of a truly Digital Bangladesh.”

Yotta’s investment in Dhaka comes on the heels of inaugurating North India’s first hyperscale data centre at Greater Noida. The company already operates Yotta NM1 Data Center in Navi Mumbai, read the release.

Yotta’s investment will be backed by the unmatched competencies of the Hiranandani Group in design and construction, real estate, power generation and distribution.

The investment is part of Yotta’s aggressive expansion plan which includes hyperscale data centres and edge facilities across India and key global markets.

Yotta, which is also the operator of Asia’s largest Uptime Institute Gold Operations-certified Tier IV data centre, has planned a slew of engagements with the IT leadership and partner fraternity in Bangladesh.

The firm plans to discuss the country’s digital landscape, challenges, needs, and to forge synergies for jointly tapping the opportunities.

On the sidelines of the ABP Infocomm Conference in Dhaka from February 10 to February 11, Sunil Gupta will also interact with the country’s IT stakeholders from the enterprise and government sectors.

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