Microsoft's Strategic Investment: 16.4 Acres in Pune for Data Centres
Microsoft Buys Land in India: 16.4 Acres in Pune for Data Centres
Microsoft has recently acquired 66,414.5 square meters (16.4 acres) of land in Pune's Hinjewadi for Rs 519.72 crore, according to reports from Square Yards.
Details of the Land Purchase
- The land was purchased from Indo Global Infotech City LLP.
- Registration document confirms the investment in one of India’s key IT hubs.
- Stamp duty incurred was Rs 31.18 crore, with a nominal registration fee of Rs 30,000.
Expanding Microsoft’s Presence in India
This acquisition reflects Microsoft's ambition to enhance its data centre operations in India, which supports its extensive workforce of over 23,000 employees spread across major cities.
Strategic Operations and Initiatives
- In 2022, Microsoft secured a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore.
- In Hyderabad, 48 acres were acquired this year, signaling ongoing infrastructure development.
- The company has initiated programs aimed at training 2 million individuals in AI and digital skills by 2025.
As Microsoft strengthens its foothold on Indian soil, it is crucial for the tech giant to stay ahead in the race for continuous growth and adaptation in the evolving digital landscape.
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.