Hillhouse launches data centre platform TeraNova DC, may deploy $12-15 bn in India by 2032
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Hillhouse Investments launched TeraNova DC to build data centres in India, planning to invest $12-15 billion by 2032.
- ✓CEO Sanjay Bhutani said, "India's digitization vision is entering a defining phase." The platform will develop 2GW capacity across states like Maharashtra and Gujarat to support growing AI and cloud infrastructure needs.
Story at a Glance
- Category
- BUSINESS
- Reported By
- mint
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Mumbai: Singapore-based Hillhouse Investments has set up TeraNova DC, a dedicated data centre platform, with plans to infuse about $12-15 billion to develop over 2GW capacity across key Indian markets by 2032, its newly appointed chief executive officer (CEO) Sanjay Bhutani said.
The newly launched platform will focus on developing and operating hyperscale, artificial intelligence (AI)-ready, and sustainable data centre campuses across markets, including Maharashtra, Hyderabad, Andhra Pradesh, Delhi-National Capital Region and Gujarat. Its development strategy will centre on strategically located land banks, power-ready sites and scalable campus infrastructure.
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