RackBank to set up Rs 1000 crore data park at Infopark

KOCHI: Kerala has signed an agreement with the leading hyper scale data platform RackBank Datacenters Private Limited (RBDC) to set up a mega data park at the Infopark in Cherthala, at an investment of about Rs 1,000 crore.

The MoU on the project, which comes in tandem with the digital summit #Future held last year, was signed on Tuesday between Hrishikesh Nair, CEO, Infopark Kochi, and Anil Reddy, chairman, RBDC Pvt Ltd. in the presence of Kerala chief minister Pinarayi Vijayan.

Commenting on the MoU, Pinarayi Vijayan said, “This is going to be a great boost for the IT industry in Kerala as there is a need to have world class data centre facilities to meet the growing demands.”