Today, Equinix, Inc., a global leader in digital infrastructure, announced an investment of $42m towards a fourth International Business Exchange (IBX) data centre in Mumbai. Dubbed MB4, this facility will provide a platform for local and foreign enterprises to extend their digital capacities and advance digital transformation in India.
Equinix expands footprint in India with a fourth data centre
The country’s growing digital economy, which is expected to reach a notable $1trn by 2026, spurred this move. Research conducted by JLL, an international leader in commercial real estate and investment management, showed that the Indian data centre sector reached 637MW during the first half of 2022, with an expected growth of up to 1,318MW by 2024.
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Manoj Paul Source: LinkedIn
A 2023 Equinix Global Tech Trends Survey echoed these findings and indicated that 85% of IT leaders in India plan to channel spending into interconnection in the coming 12 months. MB4 will establish the digital infrastructure to meet this rising data centre and interconnection services demand. Managing Director of Equinix India, Manoj Paul, stated:
The increased digitalization of the economy is constantly driving the need for data centre and interconnection services in India. The availability of MB4, expected in Q4 2023, will allow us to continue serving our customers’ needs in India, enabling them to leverage our interconnection platform for efficient connectivity to multiple cloud service providers, network service providers and other businesses. This will help existing and new customers accelerate their digital transformation journey.
Equinix currently has two IBX data centres in Mumbai, MB1 and MB2. These offer service to more than 300 international and domestic companies and include access to forefront cloud service providers.
