Ltd., the trustee-manager of Ascendas India Trust (a-iTrust), on Monday said it will invest around Rs1,200 crore to develop and operate phase one its first data centre campus in India. "Developing our first data centre campus with support from our sponsor, CapitaLand, will allow us to leverage the CapitaLand Group’s data centre expertise and gives us complete control over the design and quality of the data centre. We are acquiring the site for development of our first data centre in India following the recent acquisition of our first hyperscale data centre in China, one of the largest data centre markets in the world. “We will continue to build and leverage our expertise in data centre design, development and operations across the regions. We look forward to working with our capital and business partners to expand our data centre portfolio in our core markets," she added.

Source: Mint July 05, 2021 04:18 UTC