Colt Data Centre Services and RMZ announce joint venture to invest US$1.7 billion in Indian data centre market

Colt Data Centre Services and RMZ announce joint venture to invest US$1.7 billion in Indian data centre market

RMZ, one of the world’s largest family-owned alternative asset owners, and Colt Data Centre Services (Colt DCS), a leading global hyperscale data centre operator, have announced a joint venture focused on developing digital infrastructure in the Indian market.

Colt DCS has 25 years of experience developing and operating data centres in Tier 1 markets in Europe, Japan and India. It has recently enjoyed strong growth delivering sustainably designed infrastructure and world-class service for global hyperscale customers. The joint venture will accelerate the delivery of new capacity for their customers in India. 

RMZ brings 20 years of experience in developing, owning and operating high-quality infrastructure in rapidly growing Indian markets. The joint venture will leverage RMZ’s long-term relationships with supply chain partners and their Fortune India 500 customers as the company enters the digital infrastructure market.  

Niclas Sanfridsson, CEO, Colt DCS, said: “In terms of our expansion India remains a strategic country of focus and key in terms of delivering against our aggressive growth strategy. Colt DCS has a proven track record, working with the world’s largest hyperscale cloud providers and multi-national companies. The partnership with RMZ will provide the opportunity to further accelerate and execute our ambitious plans.” 

Deepak Chhabria, CEO of RMZ Infrastructure, said: “We are witnessing an extraordinary shift in the data centre landscape, driven by the accelerating demands of cloud adoption and the AI revolution. At RMZ Infrastructure, we recognize that digital infrastructure is not just an investment theme but a cornerstone of India’s economic future. Colt DCS’ proven track record in delivering high-quality, scalable solutions aligns perfectly with our vision for India.

“Colt DCS commitment to operational excellence and innovation complements our mission to build state-of-the-art facilities that meet the evolving needs of sectors such as banking, financial services and media. This is our opportunity to shape the future of data infrastructure in India, and we are ready to rise to the challenge,” added Chhabria.

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