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Blackstone to set up data centres in Mumbai, Chennai

Mint  

Global asset manager Blackstone Group has forayed into the data center business in Asia with a planned capacity of 600 MW across two large hyperscale data centers in Mumbai and Chennai. The New York-based investor has set up Lumina CloudInfra, a data center platform, which will be owned and managed by Blackstone's Real Estate and Tactical Opportunities funds. Anil Reddy, former head of Global Cloud Infrastructure at Microsoft Inc., as the global CEO, will lead its strategy, expansion and growth across Asia. Sujeet Deshpande, who has joined from Colt Data Center Services, is the CEO of the Indian business. In Navi Mumbai, Blackstone would acquire two data centres in Airoli and Mahape, and in Chennai, it is in the process of acquiring a land parcel to set up a center. It will also expand to Pune, Hyderabad, and National Capital Region (NCR) later.