In this January 29, 2014 file picture, the Mumbai Monorail train makes its way through the city's eastern suburbs during a run between Wadala and Chembur in Mumbai, India. (AFP Photo/Indranil Mukherjee)
Bridge Data Centres, a Bain Capital investee company, plans to invest between US$400 million and US$500 million in the Indian market over the next two years.
It is also in advanced stages of acquisition in other markets in Asia Pacific with further investments of US$220 million and US$250 million.
In a statement, it said Bridge Data Centres plans to set up a greenfield facility in Mumbai and other key markets and invest in acquisitions if they fit with the vision for the platform.
Bridge Data Centres’ Executive Chairman, Michael Foust said the Indian market is seeing a dramatic growth in data centre demand and current data centre capacity in India falls short of global standards in design, construction and operations.
“Bridge Data Centres aims to build a leadership position through market disruption. Currently, the market is under-served and supply-constrained and does not have world-class data centre facilities and operations.
“We plan to change this in the coming years and set the standards for data centre infrastructure in India,” Foust said.
Its’ Chief Executive Officer Kris Kumar said Bridge Data Centres is targeting a mix of acquisitions and greenfield investments depending on individual market dynamics and availability of opportunities.
“Our programme is predicated on assembling a portfolio of high quality facilities that meet global standards of design, construction and operations. We plan to bring a differentiated product into the country that will define reliability, efficiency and scalability,” Kumar said.
He said it is currently focusing on India and Asia Pacific as key markets for its first stage investments.
Going forward, he said it aims to expand across Asia Pacific including Australia, China, Japan, Hong Kong, Indonesia and the Philippines.