Indian data centre major Yotta to invest Tk2,000cr in Bangladesh

The operator of Asia’s largest certified Tier-IV data centre will build two hyperscale data centre buildings at Kaliakair

Yotta Data Services – the data centre and cloud services arm of the Mumbai-based conglomerate Hiranandani Group – has announced plans to invest over Tk2,000 crore to set up a modern data centre facility in Bangladesh. 

The investment is expected to materialize within a time frame of four to six years.

Yotta, the leading operator of Asia’s biggest Tier-IV certified data centre, plans to construct a data centre park in Bangabandhu Hi-Tech City, Kaliakair, Gazipur. The park will consist of two large-scale data centre buildings, equipped with 4,800 racks and a total IT power capacity of 28.8MW.

To the company’s statement, the park is set to go live with its first building in the fiscal year of 2024. The park will play a crucial role in advancing the country’s digital transformation initiatives, serving as the digital foundation for businesses and accelerating the growth of Digital Bangladesh.

Data centers serve as the backbone infrastructure of the web world, and are categorized into Tier-I, Tier-II, Tier-III, and Tier IV.

Sunil Gupta, CEO and co-founder of Yotta Data Services, “As a leading digital transformation provider, Yotta empowers businesses and governments to make significant strides forward. We have seen success in our home country, one of the world’s largest economies.”

Recognizing the tremendous growth potential of Bangladesh and its emerging leadership in digital transformation, Yotta is eager to bring its highly-regarded and dependable services to the country to drive its digital revolution.

As the demand for digital platforms increases, so does the need for a robust infrastructure in Bangladesh. Yotta plans to provide cutting-edge data center services and assist businesses in the region with its successful digital transformation solutions.

Both the government and private institutions in Bangladesh already have several data centers for their own use, but Yotta aims to offer a superior solution.

According to a report by LightCastle, modern Tier-IV data centers could meet the needs of private sector companies in North-East India. Meanwhile, the Bangladesh government has announced tax and VAT exemptions as incentives to boost data center investments in the country.

This news of Yotta’s investment in Bangladesh follows the opening of its first hyperscale data center in North India in Greater Noida. The company also operates the Yotta NM1 Data Center in Navi Mumbai.