The government of Uttar Pradesh has approved amendments in the Data Centre 2021 policy to facilitate the opening of more data centres in the state. The state aims at launching 7 data centres apart from the recently launched data centre in Greater Noida. The data centres’ capacity will, however, be less than that of the capacity of the newly opened data centre in Greater Noida.
Meanwhile, the cabinet has also approved proposals for revision of the start-up policy. Under this, five new centres of excellence (CoE) will be set up in the state, of which three have already been launched. Further, funds up to Rs 100 million will be provided by the government for the same. The proposed CoEs will be opened in emerging fields like quantum computing, 3D printing, 5G, virtual reality and space tech, among others.
Besides, proposals related to information technology (IT) were also approved by the cabinet, of which three investment proposals have been approved in the IT Policy 2017. As per the release, these include Microsoft, MACQ and Paytm. These companies are expected to invest in Noida. While, Microsoft will invest Rs 21.86 billion, MACQ and Paytm will invest a sum of Rs 4.83 billion and Rs 6.38 billion, respectively.
In addition, two investment proposals for data centres were also approved. Singapore-based company STP will invest Rs 11.30 billion in setting up a data centre in Noida, while SKBR will invest Rs 26.92 billion. The cabinet also gave its nod to three new universities in the state. The JSS University of Karnataka will open its branch in Noida and SD Singh University in Fatehgarh-Farrukhabad and SDGI Global University in Ghaziabad.
