RMZ Plans to Scale Data Center Capacity to 3 Gigawatts With $35 Billion Investment Drive

Prime Highlights

  • RMZ is in the final stages of talks for three data center projects that would take its total capacity beyond 1 gigawatt.
  • Deepak Chhabria said the data center expansion will serve as a foundation for RMZ to move deeper into power infrastructure and AI-supporting technologies.

Key Facts

  • RMZ is a Bengaluru-based real estate and investment firm currently operating 250 megawatts of data center capacity.
  • India’s digital infrastructure sector is projected to attract over $50 billion in planned investment across data centers, cloud, and AI ecosystems.

Background

Indian real estate and investment firm RMZ is moving aggressively to expand its data centre footprint, with plans to scale capacity to 2-3 gigawatts over the next five years as part of a $35 billion investment programme.

The Bengaluru-headquartered company currently operates 250 megawatts of capacity. Deepak Chhabria, President of RMZ Infrastructure, said the firm is in the final stages of discussions for three data centre projects that would push total capacity beyond 1 gigawatt. The company also plans to acquire land before the end of this year capable of supporting an additional 2 gigawatts.

RMZ’s expansion targets co-location data centres and AI factories, with the company also weighing a potential initial public offering. Chhabria said the firm sees its data centre growth as a gateway into allied sectors, including graphics processing units, power infrastructure, and software.

He noted that RMZ is receiving positive signals from major cloud and technology companies and expects to begin ramping up capacity by mid-year as client agreements are finalised.

RMZ built its current infrastructure through a joint venture with UK-based Colt Data Centre Services, and the two firms are exploring further growth opportunities together.

India has become one of the most active markets for AI infrastructure investment globally. The country’s digital infrastructure sector is expected to pull in more than $50 billion in planned spending across data centres, cloud platforms and AI ecosystems, drawing interest from global technology firms and domestic conglomerates alike.