RMZ Corp intends to allocate over USD 35 billion in the next five years for investments in data centres, artificial intelligence infrastructure, mixed-use commercial developments, and housing projects within India.
A substantial portion of this investment, nearly 50%, will be focused on digital infrastructure, which encompasses large-scale data centres and AI-driven facilities. The company is collaborating with Colt Technology Services to develop co-location data centres in major cities such as Navi Mumbai, Chennai, Visakhapatnam, Hyderabad, and Bengaluru.
Immediate plans involve increasing capacity by 750 MW in Navi Mumbai and approximately 500 megawatts in Visakhapatnam, with a long-term goal of reaching 1.5 gigawatts of capacity nationwide. The digital infrastructure sector is anticipated to draw in USD 12–15 billion in investments. RMZ has indicated that the expansion will be financed through a combination of debt and equity, while also considering an initial public offering to obtain long-term capital.
“India currently produces around 20 percent of the global data yet holds only 2 percent of the worldwide data centre capacity. The national installed capacity is between 1.1 to 1.2 gigawatts, compared to an expected demand of 5 to 7 gigawatts over the next five years.
RMZ has established a distinct entity to enhance AI factory capabilities on top of its existing co-location infrastructure, providing GPU as a service to cloud providers and AI firms setting up operations in India,” the statement noted.
