UP to develop 4 data centre parks under Data Center Policy 2021
Technology

UP to develop 4 data centre parks under Data Center Policy 2021

The Uttar Pradesh government on Tuesday sanctioned proposals to develop four data centre parks under its Data Center Policy 2021 with an over Rs 15,950 crore investment.

An official statement said these would employ approximately 4,000 people directly or indirectly.

The state cabinet also sanctioned non-financial incentives to NIDP Developers Private Limited and financial and non-financial incentives to three other investors — NTT Global Data Centres, Adani Enterprises, and Cloud Infrastructure India.

Under the data centre policy, parks and units are provided stamp duty exemption, capital subsidy, interest subvention, on purchase or lease of land, and different other non-financial incentives apart from energy-related financial incentives.

In another significant decision, the state cabinet sanctioned the proposal to set up a repair, maintenance, and overhaul hub for aircraft at the upcoming Jewar airport.

PWD minister Jitin Prasada said that there was a pressing requirement for Maintenance, Repair, and Overhaul (MRO) hubs in the state to provide for the ongoing development and expansion in the civil aviation segment.

Maintenance, repair, and overhaul of aircraft utilised for operations in the civil aviation sector is an ongoing and time-bound process. Currently, due to the absence of MRO installation in India, aircraft are sent for repair to places like Dubai, and Singapore, where repairs are expensive and time-consuming, Prasada said.

Stating that there are huge possibilities of setting up MRO hubs in Uttar Pradesh, he said that about one thousand new aircraft are likely to be purchased in the country by 2026.

The state will not only earn income but would also be able to deliver a large number of employment opportunities with this policy, he said, adding that it will also pave the way for the development of Micro, Small, and Medium Enterprises (MSMEs) in UP. It will have a positive impact on the gross domestic product (GDP) of the country and the state apart from saving time and foreign exchange.

Image Source

Also read: NTT launches hyperscale data centres in Navi Mumbai

The Uttar Pradesh government on Tuesday sanctioned proposals to develop four data centre parks under its Data Center Policy 2021 with an over Rs 15,950 crore investment. An official statement said these would employ approximately 4,000 people directly or indirectly. The state cabinet also sanctioned non-financial incentives to NIDP Developers Private Limited and financial and non-financial incentives to three other investors — NTT Global Data Centres, Adani Enterprises, and Cloud Infrastructure India. Under the data centre policy, parks and units are provided stamp duty exemption, capital subsidy, interest subvention, on purchase or lease of land, and different other non-financial incentives apart from energy-related financial incentives. In another significant decision, the state cabinet sanctioned the proposal to set up a repair, maintenance, and overhaul hub for aircraft at the upcoming Jewar airport. PWD minister Jitin Prasada said that there was a pressing requirement for Maintenance, Repair, and Overhaul (MRO) hubs in the state to provide for the ongoing development and expansion in the civil aviation segment. Maintenance, repair, and overhaul of aircraft utilised for operations in the civil aviation sector is an ongoing and time-bound process. Currently, due to the absence of MRO installation in India, aircraft are sent for repair to places like Dubai, and Singapore, where repairs are expensive and time-consuming, Prasada said. Stating that there are huge possibilities of setting up MRO hubs in Uttar Pradesh, he said that about one thousand new aircraft are likely to be purchased in the country by 2026. The state will not only earn income but would also be able to deliver a large number of employment opportunities with this policy, he said, adding that it will also pave the way for the development of Micro, Small, and Medium Enterprises (MSMEs) in UP. It will have a positive impact on the gross domestic product (GDP) of the country and the state apart from saving time and foreign exchange. Image Source Also read: NTT launches hyperscale data centres in Navi Mumbai

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?