Yondr Group's Strategic Move in India Data Centre Landscape

Friday, 27 September 2024, 18:02

Yondr Group is rapidly integrating into India’s data centre market, as Everstone aims for a complete buyout of their joint venture. This development marks a significant shift in data centres and localization efforts. With key players like Reliance Jio Infocomm and Adani Group in the fray, the landscape is evolving swiftly.
Livemint
Yondr Group's Strategic Move in India Data Centre Landscape

Yondr Group Sets Foot in India

Yondr Group has made a bold move into the India data centre market. Established in partnership with Everstone Group in July 2021, this joint venture focuses on building hyperscale data centres across the nation. With an investment exceeding $1 billion, this initiative highlights a significant trend toward data localization, shaping the future of India’s digital infrastructure.

Everstone's Vision for Full Control

As Yondr Group seeks to solidify its presence, Everstone is eyeing a complete buyout of the joint venture. This move reflects a growing competition in the sector, particularly with giants like Reliance Jio Infocomm, Adani Group, and Airtel reshaping the market dynamics.

  • Data Localization is becoming a priority for businesses.
  • Joint ventures like Yondr-Everstone are critical in expanding infrastructure.
  • Hyperscale data centres will cater to rising demand.

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

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe