Japan’s NTT Communications expects to spend about Rs 1,000 crore over the next three years in India as the company is applying for a national long-distance licence and expanding its data centre business, President and Chief Executive Tetsuya Shoji said.
While the world’s attention has turned towards India and biggest players in the market like Amazon, Microsoft and Oracle are gearing up to open their data centres here, Japanese MNC NTT Communications has opened its huge data centre in the country. With the recent boom in e-commerce space as well as onset of new banks, India’s need for efficient infrastructure for handling huge amounts of data is at its peak. The new data centre by NTT in Mumbai spans an area of 3 lakh sq. ft. and has demanded an investment of Rs. 700-1000 Crores from the Japanese legend.
Netmagic has been a fast growing company in India. The company isn’t stopping with the Mumbai base data centre. It has plans to open up 3 more data centres in the near future. The reason behind NTT choosing India to set up its data centres are not only the cost-effective lang and booming power supplies, but also the availability of human resources who can handle the various operations within the centre.
NTT Communications has more than 140 data centres in several countries including UK, US and Japan. In India alone, the Japanese giant has 9 data centres.