Web Werks-Iron Mountain invests Rs 1,400 cr to develop data center in Navi Mumbai – Economic Times

MUMBAI: The joint venture between Indian data center provider Web Werks and NYSE-listed Iron Mountain Data Centers will invest around Rs 1,400 crore to develop a major data center in Rabale district of Navi Mumbai.

This will be Web Werks’ seventh data center in India and third facility in the Mumbai region alone. The company has so far developed data centers in Pune, Hyderabad, Bangalore, Noida apart from its existing two facilities in Mumbai in the past two years.

The proposed Mumbai-3 facility will be a Tier III-designed data center, capable of supporting 32 megawatts of IT load and with an expected go-live date in the second half of 2025. The company has already acquired a land plot of more than 5 hectares for the proposed development.
“We are excited to rapidly and scale our data center campus in Mumbai by securing land to build our third facility in one of India’s premier data hubs. This investment reflects our commitment to building highly connected, secure and compliant data centers in India to serve our hyperscale, network, content and enterprise customers,” said Mark Kidd, EVP & Global General Manager, Iron Mountain Data Centers.

The data center campus has also received approval for an additional power substation with 120 MVA of capacity that can be used to further expand the overall capacity at a later stage.

“We have strategic priorities for the remainder of the year. We are launching new data centers in key Indian cities and have made multiple pacts with the governments of Karnataka and Telangana to establish data centers in Bangalore and Hyderabad, positioning us as market leaders in colocation solutions for hyperscalers and enterprise customers,” said Nikhil Rathi, founder and CEO of Web Werks. According to him, the company is also raising the standards of solutions with advanced hosting infrastructure, cloud-on ramp, network and security. Web Werks is also expanding with new data center facilities in Chennai and Kolkata.

The new Mumbai data center comes close to the highly interconnected carrier hotel MUM-1 and the recently opened MUM-2 facility, a self-contained, purpose-built greenfield data center with 6 megawatts of IT load.

Combined, the expanded data center campus will enable customers to take advantage of additional, in-demand megawatt capacity. The development of the facility will build on an already interconnected ecosystem consisting of Tier-1 carriers, more than 200 internet service providers and three of India’s largest peering exchanges, along with cloud-on-ramps with major hyperscale cloud providers.

In 2021, Web Werks entered into a strategic relationship with US-based business information management company Iron Mountain, which agreed to invest $150 million as equity in the company. The transaction will allow Web Werks to accelerate its expansion plan.

Data centers in India are emerging as one of the most promising growth opportunities for global investors and leading developers. Investments are pouring into the data center segment, simultaneously creating multiple new markets along with the rapid development of campus sizes in key cities including Mumbai and Chennai.

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