Singapore's Mapletree to invest $500-700 million in Indian data centers
Business
Mapletree Investments from Singapore is jumping into India's fast-growing data center scene, kicking things off with a major project in Mumbai.
They're planning to invest $500-700 million and aim for about 400 MW of capacity—building on their existing focus on office spaces and logistics parks.
Mapletree is also looking to expand its footprint in India
Mapletree is eyeing more sites in Hyderabad, Pune, and Bengaluru as part of its expansion.
The company already manages $2 billion worth of Indian properties and last year bought a 41-acre plot in Bengaluru for ₹1,900 crore.
With India's data center market set to double by 2028, Mapletree seems ready to ride the wave of digital growth.