The company’s fourth facility in India to support enterprises’ digital transformation and the country’s digital economy
Equinix invests $42 million in Mumbai’s MB4 data center, enabling global and local firms to enhance digital capabilities for accelerated transformation in India.
“The increased digitalization of the economy is constantly driving the need for data center and interconnection services in India.Manoj Paul, Managing Director, Equinix India
The Indian data center industry reached 637 MW as of H1 2022 and is expected to reach 1,318 MW by 2024. In addition, the Equinix Global Tech Trends Survey 2023 indicates that 85% of IT leaders surveyed in India plan to increase spending on interconnection in the next twelve months. The addition of MB4 will expand Equinix’s digital infrastructure capacity in India to address the rising demand for data center and interconnection services among businesses.
Manoj Paul, Managing Director, Equinix India said, “The increased digitalization of the economy is constantly driving the need for data center and interconnection services in India. The availability of MB4, expected in Q4 2023, will allow us to continue serving our customers’ needs in India, enabling them to leverage our interconnection platform for efficient connectivity to multiple cloud service providers, network service providers and other businesses.”
MB4 will offer expanded connectivity options to major telco networks along with Metro Connect availability to the highly connected Equinix data center sites of MB1 and MB2. Scheduled to open in Q4 2023 (subject to regulatory approvals), the first phase of MB4 will provide an initial capacity of 350 cabinets. When fully built out, the facility is expected to provide 700 cabinets.
Equinix operates 250 data centers across 71 metros, providing digital infrastructure for more than 10,000 of the world’s leading businesses. In Asia-Pacific, Equinix currently operates 52 data centers in key metros across Australia, China, Hong Kong, India, Japan, Korea and Singapore. The company also recently announced its plans to enter Malaysia and Indonesia to support business expansions into these emerging markets in the region.