Google has inked a deal to take over a data centre spread over 381,000 sq. ft. in Navi Mumbai through a long-term lease of over 28 years as it expands its cloud infrastructure in India to cater to rising demand in one of its prominent growth markets.
Google has entered into the agreement through its affiliated company, Raiden Infotech India, and will be paying rentals worth over $140 million over the first 10 years of the lease tenure. The deal has been signed through a tripartite agreement between Raiden Infotech India, sub-lessor Amanthin Info Parks, and the Maharashtra Industrial Development Corporation.
With the deal, Google Cloud plans to ramp up its presence in India after it recently picked up a 464,000 sq. ft. facility at Adani Data Center in Noida through a 10-year lease. The proposed data centre in Navi Mumbai is expected to be developed in the next two years. The property will be built with an eight-storey structure including a basement and a roof level.