Microsoft India Secures Land for New Data Centre in Hinjawadi, Pune

Wednesday, 11 September 2024, 05:42

Microsoft has made a significant investment in India by acquiring a 16.4-acre land parcel in Hinjawadi, Pune for Rs 520 crore. This land deal marks Microsoft's ongoing commitment to strengthening its data centre capabilities in the region. The transaction highlights the company's strategic focus on expanding its infrastructure to support local data localization efforts.
Moneycontrol
Microsoft India Secures Land for New Data Centre in Hinjawadi, Pune

Microsoft's New Land Acquisition in Pune

Microsoft Corporation (India) Pvt Ltd has recently purchased a 16.4-acre land parcel in Pune's Hinjawadi suburb for an impressive Rs 520 crore. The transaction, confirmed through documents accessed by Square Yards, was conducted with Indo Global Infotech City LLP, the seller.

Expanding Data Centre Operations

This acquisition represents Microsoft's second major land purchase in Pune, following its prior acquisition of a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore. The earlier plot is currently being developed into a data centre, reflecting Microsoft's increasing emphasis on strengthening its data centre operations.

Role of Hinjawadi in IT Development

Located in the tech-heavy Hinjawadi area, this new site is adjacent to the Rajiv Gandhi Infotech Park, which serves as a hub for various technology giants and global capability centres. Microsoft has been proactive in expanding its data centre presence; earlier this year, it also acquired a 48-acre land parcel in Hyderabad for Rs 267 crore.

Focus on Data Localization

As a key player in the data services market, Microsoft, along with Google and Amazon Web Services, is anticipated to play a significant role in the localization of data in India through its data centres. Currently, Microsoft employs approximately 23,000 individuals across its development centres in Hyderabad, Bengaluru, and Noida, showcasing its substantial investment in India's tech ecosystem.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe