Adani Group forms unit to establish data centre in Mumbai

Adani Group, a port-to-energy conglomerate, has formed a new subsidiary to establish a data centre in Mumbai, one of a half-dozen cities picked by billionaire Gautam Adani’s group to establish data centres first.

 

AdaniConnex Pvt Ltd, a 50:50 joint venture between Adani Enterprises and EdgeConnex Europe BV, incorporated a wholly-owned subsidiary Mumbai Data Centre Ltd on February 4, according to a stock exchange filing by the Adani group entity.

 

The new unit will “undertake business to develop, operate, maintain, deal with data centres, information technology (IT)/ information technology-enabled services (ITES)/ cloud, providing services related thereto and to undertake activities associated with its infrastructure development including land acquisition and development for the said purpose,” it said.

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Related Posts