NTT India has allocated around $2 billion to boost information and communications technology infrastructure in the country over the next three-four years, aiming to tap the rise in data consumption. New data centres, cloud computing, submarine cable landing stations and solar parks are key areas where NTT India’s capex is planned.
Sharad Sanghi, MD and Senior EVP (Global Data Centres and Marine Cables), NTT India said,"We will invest $500 million annually for the next four years in India. This is over and above the $800 million we have already infused in the last two years into ICT infrastructure".
He was speaking on the sidelines of the ABP Group-organised INFOCOM 2022.
The company will roll out submarine cable landing stations, which are physical locations where one or more submarine telecommunication cables connect to land-based power and networking infrastructure, in Mumbai and Chennai by next year.
"We already have about 100 MW of installed solar power in Maharashtra, and have signed agreements to the tune of 350 MW with various solar power companies," Sanghi said.
The Indian arm of Japanese IT services major NTT Data Inc is also exploring the idea of setting up a submarine cable landing station in Kolkata. In Kolkata, the company has procured 7.5 acres of land at ‘Silicon Valley’ in New Town, where a hyperscale data centre campus will come up in phases.
Elaborating on the submarine cable landing stations, Sanghi said: "Currently, the process for landing in Mumbai and Chennai is under progress and it will be completed by 2023."
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