The company’s fourth facility in India to support enterprises’ digital transformation and the country’s digital economy MUMBAI, India, and REDWOOD CITY, Calif., Aug. 10, 2023 /PRNewswire/ — To support India’s growing digital economy, which is expected to reach $1 trillion by 2026 1 , Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company ® , today announced an investment of $42 million for its fourth International Business Exchange ® (IBX ® ) data center in Mumbai, called MB4. The new facility will allow local and overseas businesses to expand their digital capability as a foundation to accelerate digital transformation in India. Equinix. (PRNewsFoto/Equinix) (PRNewsfoto/Equinix, Inc.) According to JLL, a leading global commercial real estate and investment management company, the Indian data center industry reached 637 MW as of H1 2022 and is expected to reach 1,318 MW by 2024. 2 In addition, the Equinix Global Tech Trends Survey 2023 indicates that 85% of IT leaders surveyed in India plan to increase spending on interconnection in the next twelve months. The addition of MB4 will expand Equinix’s digital infrastructure capacity in India to address the rising demand for data center and interconnection services among businesses. Manoj Paul, Managing Director, Equinix […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
