Bharti Airtel on Thursday announced that its subsidiary Nxtra will invest Rs 5,000 crore by 2025 to scale up its data centre business.
Nxtra By Airtel plans to build seven hyperscale data centres that will treble its capacities, attract business from neighbouring countries, and help India become a regional hub for data centres.
The investment will be made through a mix of internal accruals, equity infusion, and debt, said Ajay Chitkara, director and chief executive officer, Airtel Business. Private equity firm Carlyle holds a 25 per cent stake in Nxtra Data.
The expansion has been announced amid
Nxtra By Airtel plans to build seven hyperscale data centres that will treble its capacities, attract business from neighbouring countries, and help India become a regional hub for data centres.
The investment will be made through a mix of internal accruals, equity infusion, and debt, said Ajay Chitkara, director and chief executive officer, Airtel Business. Private equity firm Carlyle holds a 25 per cent stake in Nxtra Data.
The expansion has been announced amid