RMZ, Colt Data Centre JV Announced

23 Nov 2024 CW Team

Key Highlights: Investment Details:

RMZ Corp and Colt DCS will co-invest $1.7 billion over the next several years. The focus is on high-demand metro cities such as Mumbai, Bengaluru, and Hyderabad. Data Center Specifications:

Facilities will prioritize low-latency, energy-efficient solutions, meeting enterprise and hyperscale requirements. Sustainability will be a core feature, with the use of renewable energy and advanced cooling technologies. Market Opportunity:

India's data center market is witnessing unprecedented growth, driven by cloud computing, 5G rollouts, and digital transformation. Projected growth at 25% CAGR by 2025 makes India a lucrative hub for global players. Strategic Vision:

The JV aims to build infrastructure that enables scalable, resilient data storage for businesses in India's dynamic tech ecosystem. RMZ brings its expertise in real estate and infrastructure, while Colt contributes data center operational excellence. Potential Impacts: Technology and Economic Boost:

Enhanced data storage and processing capabilities for IT, fintech, and government sectors. The investment will generate employment opportunities and bolster digital innovation. Positioning RMZ and Colt DCS:

This JV cements RMZ’s position in tech-driven infrastructure and expands Colt DCS’s footprint in Asia. Sustainability Leadership:

By incorporating green energy practices, the venture aligns with India’s net-zero goals and global ESG standards. Conclusion: The RMZ-Colt DCS partnership signals confidence in India's data-driven future. With a massive financial commitment and a clear vision for sustainable growth, the JV is poised to redefine India's data center landscape, empowering businesses and enhancing the country's digital ecosystem.

RMZ Corp has partnered with Colt Data Centre Services (DCS) to launch a joint venture (JV) targeting India's booming data center market. The collaboration entails a substantial $1.7 billion investment to establish state-of-the-art data centers across key cities, addressing the growing demand for secure, efficient data infrastructure. Key Highlights: Investment Details: RMZ Corp and Colt DCS will co-invest $1.7 billion over the next several years. The focus is on high-demand metro cities such as Mumbai, Bengaluru, and Hyderabad. Data Center Specifications: Facilities will prioritize low-latency, energy-efficient solutions, meeting enterprise and hyperscale requirements. Sustainability will be a core feature, with the use of renewable energy and advanced cooling technologies. Market Opportunity: India's data center market is witnessing unprecedented growth, driven by cloud computing, 5G rollouts, and digital transformation. Projected growth at 25% CAGR by 2025 makes India a lucrative hub for global players. Strategic Vision: The JV aims to build infrastructure that enables scalable, resilient data storage for businesses in India's dynamic tech ecosystem. RMZ brings its expertise in real estate and infrastructure, while Colt contributes data center operational excellence. Potential Impacts: Technology and Economic Boost: Enhanced data storage and processing capabilities for IT, fintech, and government sectors. The investment will generate employment opportunities and bolster digital innovation. Positioning RMZ and Colt DCS: This JV cements RMZ’s position in tech-driven infrastructure and expands Colt DCS’s footprint in Asia. Sustainability Leadership: By incorporating green energy practices, the venture aligns with India’s net-zero goals and global ESG standards. Conclusion: The RMZ-Colt DCS partnership signals confidence in India's data-driven future. With a massive financial commitment and a clear vision for sustainable growth, the JV is poised to redefine India's data center landscape, empowering businesses and enhancing the country's digital ecosystem.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..