Yondr Group, a global developer, owner-operator and service provider of hyperscale data centres, in a joint venture partnership with the Everstone Group, is investing USD one billion to open data centres across multiple locations in India.

Operating under the brand name EverYondr, the first data centre located in the Mumbai Metropolitan Region for which land and power have already been acquired, will deliver 30 MW IT capacity by 2023 and 60 MW when fully developed.

The joint venture will support hyperscale clients and service the rapidly growing Indian market, the size of which is projected to exceed USD 4.5 billion by 2025.

The investment will be used to fund the development and operation of multi-locational hyperscale data centre business across important geographies in India, including the metros of Mumbai Metropolitan Region, Hyderabad, Bengaluru, Chennai and National Capital Region (Delhi).