• Latest
  • Trending
Maharashtra gets ₹1,300 billion data centre boost from Lodha, 16,000 jobs likely

Maharashtra gets ₹1,300 billion data centre boost from Lodha, 16,000 jobs likely

Wipro, SAP, AusNet complete Cloud ERP upgrade

Wipro posts $10.47 bn revenue in FY26; margin at 17.2%

Paras Defence stock up 8% on deal with Green Optics, South Korea

Paras Defence signs 10-year deal for aerial refuelling systems; stock up 12% in two trading sessions

ICICI Lombard posts mixed Q3 performance; stock under pressure

ICICI Lombard share price up on sound Q4FY26 results

Wipro brings sovereign AI services with NVIDIA AI to governments and enterprises worldwide

Wipro expands AI business with contract acquisitions from Alpha Net

Doshaheen Solutions champions an appraisal system rooted in ‘Kaizen’

Doshaheen Solutions champions an appraisal system rooted in ‘Kaizen’

Reliance Industrial Infrastructure reports steady profit, declares ₹3.5 dividend

Reliance Industrial Infrastructure reports steady profit, declares ₹3.5 dividend

ICICI Pru Life stock closes 3% up on robust Q4FY26 performance

ICICI Pru Life stock closes 3% up on robust Q4FY26 performance

Ujjivan SFB closed 3% down as RBI rejects its application to convert into universal bank

Ujjivan SFB closed 3% down as RBI rejects its application to convert into universal bank

Mutual Fund growth slows to multi year low in 2025

What is rolling return in mutual fund? How to analyse it?

Current Market Volatility: How should investors approach it?

Outlook for the earnings season, key sector focus & investor approach

Senior citizens can earn up to 8.05% on fixed deposits

Senior citizens can earn up to 8.05% on fixed deposits

Coforge clears regulatory hurdles for Encora deal, targets $2.5bn scale

Coforge clears regulatory hurdles for Encora deal, targets $2.5bn scale

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, April 16, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Maharashtra gets ₹1,300 billion data centre boost from Lodha, 16,000 jobs likely

in News
Reading Time: 2 mins read
0
Maharashtra gets ₹1,300 billion data centre boost from Lodha, 16,000 jobs likely
Share on FacebookShare on Twitter

DBT Bureau

Pune, 20 Jan 2026

Four months after Lodha Developers Ltd signed a memorandum of understanding of ₹30,000 crores with Maharashtra government to develop a data centre in the state, it has committed to another ₹1 lakh crore. On January 19, Abhishek Lodha, MD and CEO of Lodha, signed an MoU with the government of Maharashtra in the backdrop of World Economic Forum at Davos. With the total investment of ₹1.3 lakh crores on approximately 2.5 gigawatt data centre park, it is slated to be the largest in the country.

In September last year, Lodha Developers had signed an agreement for ₹30,000 crores with Maharashtra government to develop a data centre under the government Green Integrated Data Centre Park policy. The latest agreement of another ₹1 lakh crore will bolster the group’s commitment to Maharashtra’s growth.

The data centre park with total investment of ₹1.3 lakh crores will create over 16,000 direct and indirect jobs. The park, with a capacity of approximately 2.5 gigawatts, will accommodate several major international and domestic players. Amazon has already acquired a land parcel for its data centre and also made arrangements for its power requirement for the next 15 years. Singapore based STT Global Data Centres has also acquired a land parcel in the park.

With a legacy of several decades in construction, Lodha will play the role of developer for several players who are keen on setting up data centres.

“Over and above the ₹30,000 crores commitment last year to develop the data centre park, we have signed another agreement with Government of Maharashtra to invest additional ₹1 lakh crore. The state has already scaled newer heights under the leadership of Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra. His vision and actions directed towards developed Maharashtra, gives us immense confidence in committing to such a large investment,” said Abhishek Lodha, MD and CEO of Lodha Developers Ltd.

Related Posts

Reliance Industrial Infrastructure reports steady profit, declares ₹3.5 dividend

Reliance Industrial Infrastructure reports steady profit, declares ₹3.5 dividend

0

DBT Bureau Pune, 15 April 2026 Reliance Industrial Infrastructure Limited reported its financial performance for the quarter ended March 31,...

NTPC Limited signs MoU with Électricité de France to explore nuclear power projects in India

NTPC Limited signs MoU with Électricité de France to explore nuclear power projects in India

0

DBT Bureau Pune, 9 April 2026 NTPC Limited has signed a Non-Binding Memorandum of Understanding (MoU) with Électricité de France...

Max Healthcare to acquire majority stake in Kalinga Hospital for ₹300 crore

Max Healthcare to acquire majority stake in Kalinga Hospital for ₹300 crore

0

DBT Bureau Pune, 8 April 2026 Max Healthcare Institute Limited said in an exchange filing that it has approved the...

IRFC opens financial year with ₹1,000 crore disbursal to MAHAGENCO

IRFC opens financial year with ₹1,000 crore disbursal to MAHAGENCO

0

DBT Bureau Pune, 7 April 2026 Continuing its role in augmenting the country's core infrastructure, Indian Railway Finance Corporation (IRFC),...

Wipro, SAP, AusNet complete Cloud ERP upgrade
Market

Wipro posts $10.47 bn revenue in FY26; margin at 17.2%

0

Debasis Mohapatra Bengaluru, 16 April 2026 IT major Wipro posted sound deal pipeline for the fourth quarter though revenue growth...

Read moreDetails
Paras Defence stock up 8% on deal with Green Optics, South Korea
Market

Paras Defence signs 10-year deal for aerial refuelling systems; stock up 12% in two trading sessions

0

Athira Sethu Kochi, 16 April 2026 Paras Defence and Space Technologies Ltd. announced a long-term partnership with US-based Bandak Aviation...

Read moreDetails
ICICI Lombard posts mixed Q3 performance; stock under pressure
Market

ICICI Lombard share price up on sound Q4FY26 results

0

Athira Sethu Kochi, 16 April 2026 ICICI Lombard General Insurance's share saw an upmove on Thursday after the company reported...

Read moreDetails
Wipro brings sovereign AI services with NVIDIA AI to governments and enterprises worldwide
Market

Wipro expands AI business with contract acquisitions from Alpha Net

0

Athira Sethu Kochi, 16 April 2026 Wipro Ltd., has agreed to acquire some customer contracts belonging to Alpha Net Consulting...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.