Equinix Expands into Chennai With USD 65 Million Data Center Investment

Global digital infrastructure company Equinix announced the expansion of its footprint in India with the establishment of its first International Business Exchange (IBX) data center, CN1, in Chennai. This move aligns with India’s vision to become a USD 1 trillion digital economy by 2027-2028, Equinix said in a statement on Tuesday.

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Also Read: Equinix to Invest USD 42 Million in New Mumbai Data Center

Equinix CN1 Data Center in Chennai

The CN1 data center, located on nearly 6 acres in Siruseri, Chennai’s tech hub, will open in Q4 2024 following an initial investment of USD 65 million. This facility aims to support enterprises and hyperscalers, including AI deployments, fostering innovation and digital transformation in India, the company said.

CN1 will be situated in SIPCOT, Siruseri, 28 kilometers from Chennai’s Central Business District and close to future submarine cable landing sites. The four-story facility will ultimately house 4,950 cabinets, with the first phase providing 850 cabinets.

Equinix’s Expansion

Equinix said this expansion into Chennai follows its recent launch of the MB4 data center in Mumbai and the upcoming MB3 facility, enhancing its digital infrastructure network in India. Equinix’s Mumbai data centers currently host over 300 companies, including major cloud service providers such as AWS, Google Cloud, Microsoft Azure, and Oracle Cloud.

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Manoj Paul, Managing Director, Equinix India, commented: “We are witnessing India’s growing prominence as a pivotal data center hub in South Asia, driven by strong interest from major global players looking to anchor and expand their operations here, along with Indian enterprises expanding their digital infrastructure to support the growth of one of the fastest-growing economies in the world.”