Yotta to raise Rs 40 billion to expand its data centre business

07 Nov 2022 CW Team

In order to fund the expansion of its data centre business, Yotta Infrastructure, the Hiranandani Group's data centre business in India, is in discussions to raise Rs 40 billion in debt.

With a capacity of 160 MW each, the company currently operates two data centres, one in Greater Noida and the other in Navi Mumbai.

The company is also developing plans to build seven additional hyperscale data centres in cities like Chennai, Kolkata, Pune, Thane, Mumbai, GIFT City, and Dhaka in Bangladesh.

In addition to these, the business is developing a plan to build Edge data centres in 56 cities by 2027. Bhubaneshwar, Chandigarh, Coimbatore, Guwahati, Mangalore, Varanasi, and Vishakapatnam are some of these cities.

Also read:
Hiranandani’s Yotta Infra to invest Rs 390 bn in Noida
Adani Group lines up $150 bn investment across businesses

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..