The investor-friendly policies of the Yogi government attract corporations, corporate groups and individual investors from far and wide. Information technology (IT) and other UP government policies have received the green light from Singapore’s major trading companies, and as a result, many Singaporean companies have shown their propensity to invest in the integrated community, electronics, logistics, data centers and inner-city sectors.
ST Telemedia Global Data Center (STT GDC) India from Singapore has taken the initiative to install a greenfield data center campus in Gautam Budh Nagar (Noida), together with large companies from America, Japan and Korea are also streamlining theirs Projects related to the IT industry in Noida.
The American company Microsoft and the Japanese company NTT have also acquired land to build a data center in Noida. Several other Indian companies, including the Hiranandani Group, have decided to build data center parks in Noida.
With all the domestic and overseas corporations parking data centers in Noida, where both locals and IT industry people across the country have a chance, Noida is becoming the data center of India.
Noida is proud that Singapore companies are interested in establishing data centers there. Business ties between Singapore and India are quite strong, according to officials from the Department of Electronics and IT.
Singapore is India’s fifth largest trading partner. Last month, Singapore High Commissioner Simon Wong met with Chief Minister Yogi Adityanath and said that Uttar Pradesh is a favorable investment environment. The master plan here is very good and the logistical points here, are developed very systematically. Since UP is a religious tourism destination for millions, many devotees come here from all over the country and abroad.
Singapore investors are ready to invest in Bundelkhand Defense Corridor, MSME, Logistics, Integrated Community and Data Center creation in the UP. In addition, investors want to invest in the Skill Center area in Varanasi. Also under discussion is the installation of a data center in Noida by two Singaporean companies and another Singaporean company investing in the Kanpur agro-area.
According to official data, the Singapore-based company has proposed the construction of a data center campus with an IT capacity of 18 MW with an estimated investment of INR 600 billion to build a campus in the city center.
In the second phase, an IT load data center with a capacity of 36 MW will be built with an additional investment of INR 500 million. Upon completion of the second phase, the project is expected to attract approximately INR 1,100 million in investment and employ 80 people directly and about 1,000 people indirectly.
The planned data center campus is intended to serve large cloud companies, data center operators and large industries. In this direction, the UP government has emphasized the construction of a data center. In the coming times, data storage will accelerate and large centers will have to be built in the cloud so that the planned Noida data center can play an important role.
The planned data center campus in Noida will benefit from international connectivity due to its proximity to an industrial center and Delhi.
The IT industry network is spread all over Noida, in this context Noida is developing as a hub for large data centers across northern India, and the new data center campus will help further. When the campus is built, large cloud companies, high-tech service providers (who provide cloud computing services) and large corporate customers can be served.
According to the Ministry of Informatics and Electronics, the state government’s IT policy is attracting domestic and foreign investors to invest in the country. According to the UP Electronics Manufacturing Policy 2017, the investment target of INR 20 billion has been achieved in the state in three years through investments from around 30 investors in the state and more than three lakh jobs were created.
All of this has been made possible thanks to the information technology policy introduced by Prime Minister Yogi Adityanath to encourage investment in the information technology sector, and officials have been given the responsibility of eliminating the problems of entrepreneurs wishing to invest in the sector.
In addition, to encourage electronics investment in the state, the Noida, Greater Noida, and Yamuna Express areas in the National Capital Region have been designated an Electronic Product Manufacturing Zone. Companies from China, Taiwan and Korea set up their units in UP. A well-known foreign company is currently building an electronics manufacturing cluster on 100 hectares of land in the Noida area.
Many well-known companies in the city install your equipment. According to major IT industry entrepreneurs and senior IT officials, the 2017 State Electronics Manufacturing Policy established the Noida, Greater Noida, and Yamuna Expressway areas as the electronics manufacturing hub in the country.
WHAT IS A DATA CENTER?
A data center is a location that provides a variety of facilities for a company’s IT activities and equipment, including data storage, information processing and transportation, and other functions related to the company’s applications, where the entire IT of a company works.
In the growing age of the Internet, there is a great need for these data centers, because backing up data in one place is a challenge in itself. The campus to be built in Noida will help meet this challenge. Officials say India has an important role to play in information technology. All major companies in the world have their centers here.
Online and computer based industries are growing rapidly in India. With this in mind, data storage is an important task. Industrial or IT companies benefit from setting up a data center campus and can take over storage capacities. We will see more speed in the times to come.
Noida will benefit from this, and many multinational companies will also take the initiative to install data centers in this city, according to the heads of the information technology and electronics department.
Source link
