Equinix is expanding in India with plans for a data center in Chennai.
The colo firm this week announced its expansion into the city with a new International Business Exchange (IBX) facility, called CN1.
Set on 6 acres in the SIPCOT (State Industries Promotion Corporation of Tamil Nadu Ltd) in the Siruseri area, the four-story building will offer capacity for 4,950 cabinets when fully built.
Scheduled to open in Q4 2024, the first phase of CN1 will provide 850 cabinets. The company said it will be investing $65 million in the project.
Equinix entered the Indian market through the acquisition of GPX Global Systems. First announced in August 2020 and closed in September 2021, the deal saw the colo giant pick up two data centers in Mumbai for $161 million.
Announced in August last year, Equinix recently opened a new IBX data center in Mumbai, called MB4, adding 350 cabinets to Equinix’s footprint in the city.
In 2022, the company also announced MB3. The facility is scheduled to open in Q4 2024; it will provide an initial capacity of more than 1,375 cabinets, and more than 5,500 cabinets when fully built out.
Equinix acquired land in Chennai, in the state of Tamil Nadu, in March 2022 for $9 million. It signed an MoU with the local government for a 24MW facility in July of that year.