Japan's NTT sees India business growing to $1 bn, commits investments

Japanese tech major to launch 6 additional data centres over the next 3 months

Japanese telecommunications major Nippon Telegraph and Telephone Corporation (NTT) is betting big on the India growth story as it consolidates its data centre and information technology (IT) services portfolio within India. The Japanese technology major is on course to hit the $1-billion revenue mark in India.

The company recently raised its India bets by announcing an investment of $2.5 billion in Maharashtra over the next five years. With this, the total investment by the company touched $4.5 billion.

In 2019, NTT Data announced $2 billion in investments to be spent over five years, of which nearly $1.6 billion was across