Web Werks, Iron Mountain to Invest Rs 14 bn in Mumbai Data Center

Web Werks, an Indian data center provider, has formed a joint venture with Iron Mountain Data Centers, listed on the New York Stock Exchange, to invest approximately Rs 14 billion in the development of a large data center in Rabale, Navi Mumbai.

This will be Web Werks' seventh data center in India and its third facility in the Mumbai region alone. Over the past two years, the company has already established data centers in Pune, Hyderabad, Bangalore, and Noida, in addition to its existing two facilities in Mumbai.

The planned data center, known as Mumbai-3, will be designed as a Tier III facility capable of supporting 32 megawatts of IT load. It is expected to become operational in the second half of 2025. Web Werks has already acquired a 5-acre land parcel for the development of this facility.

Mark Kidd, EVP & Global General Manager of Iron Mountain Data Centers, expressed enthusiasm for expanding their data center campus in Mumbai, emphasizing the investment's reflection of their commitment to building highly connected, secure, and compliant data centers in India.

The data center campus has also obtained approvals for an additional power substation with a capacity of 120 MVA, enabling further expansion of total capacity in the future.

Nikhil Rathi, Founder & CEO of Web Werks, outlined the company's strategic priorities, including the launch of new data centers in key Indian cities and partnerships with the Karnataka and Telangana governments to establish data centers in Bangalore and Hyderabad. Rathi stated that Web Werks aims to become a market leader in colocation solutions for hyperscalers and enterprise customers, while enhancing standards through advanced hosting infrastructure, cloud-on-ramp, network, and security solutions.

Web Werks is also expanding its presence with new data center facilities in Chennai and Kolkata.

The new Mumbai data center will be strategically located near the highly interconnected carrier hotel MUM-1 and the recently opened MUM-2 facility, which is a purpose-built greenfield data center with 6 megawatts of IT load.

Together, the extended data center campus will offer customers access to additional, highly demanded megawatt capacity. The development of this facility will further enhance an already interconnected ecosystem that includes Tier-1 carriers, over 200 internet service providers, three of India's largest peering exchanges, and cloud on-ramps with major hyperscale cloud providers.

In 2021, Web Werks entered into a strategic relationship with Iron Mountain, a US-based enterprise information management services firm, which agreed to invest $150 million in equity in the company. This transaction has allowed Web Werks to accelerate its expansion plans.

India's data center market is attracting significant investments from global investors and leading developers. The sector is witnessing the creation of multiple new markets and the rapid development of large-scale campuses in major cities such as Mumbai and Chennai, making it a promising growth opportunity.