Web Werks' Rs 5,200 crore investment: Telangana to become India's data hub?

Web Werks, a wholly-owned subsidiary of the US-based Iron Mountain, is strategically allocating an investment of Rs 5,200 crore to establish cutting-edge data centers in the state of Telangana.

This significant announcement transpired during a meeting held at the World Economic Forum in Davos on January 17, 2024. The gathering included Telangana Chief Minister A Revanth Reddy, key representatives from Iron Mountain, and the leadership team of Web Werks. As part of its expansion plans, the data center company is earmarking an investment exceeding Rs 4,000 crore to develop a state-of-the-art greenfield hyperscale data center in the region over the next few years.

A substantial portion of this investment, specifically Rs 1,200 crore, is designated for the establishment of a robust 10 MW networking-intensive data center in Hyderabad. Noteworthy progress is already underway in this regard.

Web Werks is committed to leveraging 100 percent renewable energy across its global network of data centers and is poised to extend this eco-friendly approach to its operations in India. The company's forward-looking vision involves fostering sustainable practices and technological innovation in the realm of data management.

News by Rahul Yelligetti