Tillman Global Holdings (TGH) plans to invest up to Rs 600 billion to develop a 1-gigawatt (GW) data centre in Maharashtra, and has signed a memorandum of understanding (MoU) with the government of Maharashtra at the World Economic Forum in Davos.
The proposed investment will be in addition to the Rs 300 billion that the US-based global investment firm has already committed to setting up two data centres in Telangana and Andhra Pradesh.
According to Tillman Global Holdings, opportunities in the Asia-Pacific region, particularly India, form a core part of the data centre development strategy that the company has been working on over the past several quarters. Further, across the three data centre projects, TGH expects to generate more than 1,000 jobs in India.