Delhi-based real estate developer Anant Raj Ltd. plans to invest approximately $2.1 billion to build two additional data centers in Haryana, according to reporting by The Economic Times. This move is part of the company’s broader push to capitalize on the surging demand for artificial intelligence and business process outsourcing services in India.
The new facilities will join an existing operational data center, with the company aiming to expand its total capacity to over 300 megawatts by 2032, The Times reported.
Anant Raj’s Amit Sarin told The Times that India is undergoing one of the fastest growth phases globally in the data center sector, a trend echoed by Barclays Plc, which views the country as a major beneficiary of South Asia’s investment boom driven by digitalization and data localization rules.