Hiranandani to set up logistics and hyperscale data centre park in Bengal

Acquires 100 acres from Hindustan Motors, will invest Rs 8,500 cr directly into a project havinf Rs 10,000 cr outlay; rest to come from customer bookings

Mumbai-based Hiranandani Group has signed a memorandum of understanding (MoU) with Hindustan Motors to acquire land from it for a logistics and hyperscale data centre park.

The MoU has been signed for a 100-acre land at Uttarpara, West Bengal, where Hiranandani Group companies will set up an integrated logistics and hyperscale data centre park called Greenbase and Yotta. 

Direct investment by the Hiranandani Group in the venture is pegged at Rs 8,500 crore. The combined investment by the group and its customers is estimated to cross Rs 10,000 crore, a statement said.

Greenbase will deliver a modern and self-sustainable ecosystem