Mantra Data Centers (MDC), the wholesale colocation provider, has signed MoUs with various state governments to develop facilities in the established hubs of Mumbai, NCR (Delhi), Chennai, Bangalore, Hyderabad and Kolkata. MDC says it will design, build, and operate the centres each of which will have an initial IT load of 20MW.
India’s Data Residency Bill (also known as the Personal Data Protection Bill) is expected to impact e-commerce, social media and BFSI companies as data will need to be stored locally, driving further data centre investments into India.
“MDC is very well positioned for success in this growing market, with a strong management team, green sourced energy, first-in-class stakeholders, on-time delivery and the right locations to create a network of Tier III and IV data centres across India,” said Jaan Chainani, Co-Founder and Managing Director.
