Japan’s NTT Communications will invest about 20 billion yen ($160 million) over the next three years in data center projects in India. The Nippon Telegraph and Telephone unit recently opened a data center in Mumbai, its ninth in India and one of the biggest in the country.
“Indian customers are starting to recognize the value of our services offered around the world,” said Tetsuya Shoji, NTT Communications president and CEO, who was in India for the center’s opening.
The company plans to further expand facilities, Shoji said, aiming to cultivate demand among local businesses as well as foreign companies.
Whats New for NTT Communications?
NTT Communications will debut corporate services with full cloud offerings this year, likely becoming the first Japanese telecom company to obtain an Indian network license. The company entered data center operations in India when it bought a local enterprise, Netmagic Solutions, in 2012.
The Japanese company logged Indian revenue of about 5 billion yen for the year ended March 2014, and it plans to double that figure in four to five years. India now sits at the center of the company’s global strategy, as NTT Communications plans to suspend a data center project for Shanghai.