Japanese tech firm NTT acquires 6-acre land in Greater Noida to set up data centre

Japanese technology firm NTT Ltd. has acquired 6-acre land in Greater Noida to set up a data centre with an investment of Rs 1,000 crore.

According to the Greater Noida authority, the plan is to develop the region into a data centre hub as this is the second transaction after Mumbai-based Hiranandani Group’s Yotta Infrastructure said it would set up a 20-acre data centre park in Greater Noida with an investment of Rs 7,000 crore.

“The data centre will be established in techzone IV of Greater Noida west. Headquartered in London, the company will require supply of 70MW electricity. The data centre is part of a 25-acre SEZ, which already house some multinational companies including IBM,” said a spokesperson for the authority.