India's Anant Raj to invest $2.6 billion in Haryana data centre, cloud services
India's Anant Raj to invest $2.6 billion in Haryana data centre, cloud services June 1 (Reuters) - Indian real estate firm Anant Raj ANRA.NS said on Monday it will invest 250 billion rupees ($2.6 billion) to develop data centre and cloud services in India's northern state of Haryana.
The New Delhi-based firm entered into a memorandum of understanding (MoU) with the Haryana Enterprises Promotion Centre, an agency under the state government
Anant Raj said the MoU aims to support investment in and development of data center and cloud services in Haryana
India's data centre market, valued at $5.55 billion in 2025, is projected to reach $13.11 billion by 2034, according to consulting firm IMARC Group
The company will expand its digital infrastructure business operations in the state, while the Haryana government will facilitate ease of doing business
The partnership is part of the state government's "Make in Haryana Policy" aimed at boosting development
In May, Anant Raj said it was considering the demerger of its data centre services from its real estate business
($1 = 94.9900 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Devika Syamnath)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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