Colt DCS and RMZ announce joint venture

Colt Data Centre Services and RMZ announce a joint venture to invest $1.7 Billion in the Indian Data Centre market. 

The investment will initially focus on expediting development at existing sites in Navi Mumbai and Ambattur, Chennai, with an additional third site to be added in future. The data centres will have a combined capacity of approximately 250MW on completion of all phases.

Mumbai/Chennai: RMZ, one of the world’s largest family-owned alternative asset owners, and Colt Data Centre Services (Colt DCS), a leading global hyperscale data centre operator, announced a joint venture focused on developing digital infrastructure in the Indian market. The venture represents an equal partnership between RMZ and COLT DCS. 

Colt DCS has 25 years of experience developing and operating data centres in Tier 1 markets in Europe, Japan and India. It has recently enjoyed strong growth delivering sustainably designed infrastructure and world-class service for global hyperscale customers. The joint venture will accelerate the delivery of new capacity for their customers in India.  RMZ brings 20 years of experience in developing, owning and operating high quality infrastructure in rapidly growing Indian markets. The joint venture will leverage RMZ’s long term relationships with supply chain partners and their Fortune India 500 customers as the company enters the digital infrastructure market.